Sandbridge Acquisition Corp Cl A (SBG) Technical Analysis
NYSE:SBG
Current stock price
SBG Technical Rating and Analysis
Taking everything into account, SBG scores 0 out of 10 in our technical rating. SBG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than SBG.
- SBG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBG is lagging the market.
- In the last month SBG has a been trading in the 8.27 - 10.05 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SBG Weekly and Daily overview Charts
SBG Setup Rating and Analysis
The technical rating of SBG 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.
More info and screens
SBG Support and Resistance Analysis
8.75
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.76 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SBG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SBG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SBG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 27.43 | OVERSOLD | The low RSI value suggests SBG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SBG has a negative trend. |
| Stochastics (14,3) | 13.58 | OVERSOLD | The low Stochastics value suggests SBG may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for SBG suggests low volalility. |
SBG Chart- and CandleStick Pattern Analysis
SBG Technicals: Chart, Performance Metrics, Trend & Indicators
Sandbridge Acquisition Corp Cl A
NYSE:SBG (7/15/2021, 8:04:01 PM)
8.84
+0.52 (+6.25%)
Sandbridge Acquisition Corp Cl A / SBG TA FAQ
What is the technical rating for SBG stock?
ChartMill assigns a technical rating of 0 / 10 to SBG.
What is the current trend direction of Sandbridge Acquisition Corp Cl A (SBG) stock?
The current trend direction for Sandbridge Acquisition Corp Cl A (SBG) is Bearish.
What is the RSI signal for SBG stock?
Sandbridge Acquisition Corp Cl A (SBG) has an RSI value of 27.4259. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Sandbridge Acquisition Corp Cl A?
The short term momentum for Sandbridge Acquisition Corp Cl A (SBG) is negative.
What is the support and resistance level for SBG stock?
Sandbridge Acquisition Corp Cl A (SBG) has a resistance level at 9.76. Check the full technical report for our detailed analysis of SBG support and resistance levels.