SIBANYE STILLWATER (SBGL) Technical Analysis
NYSE:SBGL
Current stock price
SBGL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SBGL. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SBGL did better than 99% of all other stocks. On top of that, SBGL also shows a nice and consistent pattern of rising prices.
- SBGL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SBGL is leading the market.
- In the last month SBGL has a been trading in the 9.61 - 13.27 range, which is quite wide. It is currently trading near the high of this range.
- SBGL has an average volume of 4960880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SBGL Weekly and Daily overview Charts
SBGL Setup Rating and Analysis
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.
More info and screens
SBGL Support and Resistance Analysis
6.25
We found 2 important support 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.
SBGL 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 | 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. |
SBGL Chart- and CandleStick Pattern Analysis
SBGL Technicals: Chart, Performance Metrics, Trend & Indicators
12.26
-0.37 (-2.93%)
SIBANYE STILLWATER / SBGL TA FAQ
What is the ChartMill technical rating of SIBANYE STILLWATER (SBGL) stock?
ChartMill assigns a technical rating of 10 / 10 to SBGL.
Can you provide the trend direction for SIBANYE STILLWATER?
The current trend direction for SIBANYE STILLWATER (SBGL) is Bullish.
Can you provide the RSI signal for SIBANYE STILLWATER?
SIBANYE STILLWATER (SBGL) has an RSI value of 63.1096. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SIBANYE STILLWATER?
The short term momentum for SIBANYE STILLWATER (SBGL) is positive.
Can you provide the buy/sell signal for SIBANYE STILLWATER?
The buy/sell signal for SIBANYE STILLWATER (SBGL) is buy as both the short term and long term trends are positive.