Overall SBEV gets a technical rating of 2 out of 10. Although SBEV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SBEV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.68
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SBEV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBEV is down. |
| ChartMill Relative Strength | 98.88 | POSITIVE | SBEV has a high relative strength, it outperformed 98.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SBEV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.72 | OVERSOLD | The low RSI value suggests SBEV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SBEV has a negative trend. |
| Stochastics (14,3) | 3.36 | OVERSOLD | The low Stochastics value suggests SBEV may be oversold. |
| Average True Range in percent/ATR (20) | 17.79 | HIGH VOLATILITY | The high ATR as a percentage value for SBEV suggests high volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for SBEV suggests a weak or negative trend. |
0.6904
-0.04 (-5.42%)
ChartMill assigns a technical rating of 2 / 10 to SBEV.
The current trend direction for SPLASH BEVERAGE GROUP INC (SBEV) is Bearish.
SPLASH BEVERAGE GROUP INC (SBEV) has an RSI value of 27.7162. This indicates that the stock is currently oversold.
The MACD indicator for SPLASH BEVERAGE GROUP INC (SBEV) has a value of -0.0442793, indicating a bearish trend.
SPLASH BEVERAGE GROUP INC (SBEV) has a resistance level at 0.97. Check the full technical report for our detailed analysis of SBEV support and resistance levels.