SIBANYE STILLWATER (SBGL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SBGL -
Taking everything into account, SBGL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SBGL is showing a nice and steady performance.
Although SBGL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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6.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.13 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.31 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for SBGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SBGL is up. |
| ChartMill Relative Strength | 99.06 | POSITIVE | SBGL has a high relative strength, it outperformed 99.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.11 | NEUTRAL | The RSI value for SBGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests SBGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.79 | OVERBOUGHT | The high Stochastics value suggests SBGL may be overbought. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SBGL suggests some volalility. |
12.26
-0.37 (-2.93%)
SIBANYE STILLWATER / SBGL FAQ
What is the ChartMill technical rating of SIBANYE STILLWATER (SBGL) stock?
ChartMill assigns a technical rating of 10 / 10 to SBGL.
What is the trend direction for SBGL stock?
The current trend direction for SIBANYE STILLWATER (SBGL) is Bullish.
What is the RSI signal for SBGL stock?
SIBANYE STILLWATER (SBGL) has an RSI value of 63.1096. This indicates that the stock is currently neutral.
What is the MACD signal for SBGL stock?
The MACD indicator for SIBANYE STILLWATER (SBGL) has a value of 0.239619, indicating a bearish trend.
What is the short term momentum for SIBANYE STILLWATER (SBGL) stock?
The short term momentum for SIBANYE STILLWATER (SBGL) is positive.