INVESCO NASDAQ BIOTECH (SBIO.AS) Stock Technical Analysis
AMS:SBIO - Euronext Amsterdam - IE00BQ70R696 - ETF - Currency: EUR
Overall SBIO gets a technical rating of 0 out of 10. SBIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SBIO is a bad performer in the overall market: 88% of all stocks are doing better.
SBIO 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 SBIO is lagging the market.
Warning: SBIO has an average volume of 6899 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SBIO has a been trading in the 35.71 - 38.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SBIO has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
35.40
47.11
When analyzing the support we notice one important area.
- Support @35.76 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 37.42 to 38.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.82 to 38.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.96 to 44.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 46.08 to 46.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SBIO.AS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBIO.AS is neutral. |
| ChartMill Relative Strength | 12.79 | NEGATIVE | SBIO.AS has a low relative strength, it was outperformed by 87.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBIO.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBIO.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBIO.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.5 | NEUTRAL | The RSI value for SBIO.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SBIO.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.41 | NEUTRAL | The Stochastics value for SBIO.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SBIO.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.8 | NEGATIVE | The low ADX value for SBIO.AS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:SBIO (5/30/2025, 7:00:00 PM)
37.305
-0.76 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2%
1 Week0.11%
2 Weeks-0.71%
1 Month-4.24%
3 Month-16.25%
6 Month-18.34%
12 Month-11.04%
2 Year-4.79%
3 Year5%
5 Year-1.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%2.1%
ATR Inc36.47%
Range Today1.13
ADR(20)0.65
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.79
Mansfield-1.65
10 Day High38.35
10 Day Low36.99
20 Day High38.96
20 Day Low35.71
52 Week High48.12
52 Week Low33.78
CS1 End35.76
CR1 Start37.42
Volume & EV
DER(3)0%
DER(5)0%
Volume28.42K
Volume Incr-5.58%
Vol(5)9.12K
Vol(50)6.90K