SBM OFFSHORE NV (SBMO.AS)

NL0000360618 - Common Stock

14.1  -0.18 (-1.26%)

Technical Rating and Analysis

6

Overall SBMO gets a technical rating of 6 out of 10. SBMO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SBMO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SBMO is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that SBMO is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SBMO is an average performer in the Energy Equipment & Services industry, it outperforms 70% of 41 stocks in the same industry.
In the last month SBMO has a been trading in the 13.84 - 15.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SBMO Weekly chart
SBMO Daily chart
Setup Rating and Analysis

6

SBMO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.08, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.42

15.04

We found 3 important support areas.

  • A support zone ranging from 13.87 to 14.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.03 from a horizontal line in the daily time frame.
  • A support zone ranging from 11.54 to 11.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 14.46 to 14.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.97
Mansfield-0.06
10 Day High14.92
10 Day Low13.84
20 Day High15.01
20 Day Low13.84
52 Week High15.01
52 Week Low11.31
Performance
1 Week-2.56%
2 Weeks-5.12%
1 Month-3.82%
3 Month16.35%
6 Month21.15%
12 Month9.99%
2 Year1.99%
3 Year-2.66%
5 Year-14.71%
10 Year7.03%
15 Year14.55%
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)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)41.76
LBB14.06
UBB15.07
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
14.4813.860.62 (4.25%)23.54%
An entry @14.47. This is a Buy Stop order right above the 10 day moving average.An exit @13.86. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.62 points, which is 4.25%.When investing 23.54% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SBMO Daily chart

SBM OFFSHORE NV

AMS:SBMO (4/25/2024, 7:00:00 PM)

14.1

-0.18 (-1.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.26%
1 Week-2.56%
2 Weeks-5.12%
1 Month-3.82%
3 Month16.35%
6 Month21.15%
12 Month9.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%2.08%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.92
10 Day Low13.84
20 Day High15.01
20 Day Low13.84
52 Week High15.01
52 Week Low11.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume379.49K
Volume Incr-37.02%
Vol(5)373.26K
Vol(50)562.99K