SABINE ROYALTY TRUST (SBR) Stock Technical Analysis
USA - NYSE:SBR - US7856881021
70.34 USD
-2.23 (-3.07%)
70.01 USD
-0.33 (-0.47%)
We assign a technical rating of 2 out of 10 to SBR. SBR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SBR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 72% of 209 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, SBR turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
SBR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SBR is lagging the market.
In the last month SBR has a been trading in the 66.80 - 79.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SBR has a poor technical rating and the quality of the setup is also only medium 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
58.41
73.30
When analyzing the support we can see 5 important areas.
- A support zone ranging from 67.13 to 67.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 65.61 to 65.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @62.61 from a trend line in the weekly time frame.
- A support zone ranging from 60.25 to 61.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @72.57 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SBR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBR is neutral. |
| ChartMill Relative Strength | 66.45 | NEUTRAL | SBR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.84 | NEUTRAL | The RSI value for SBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests SBR has a positive trend. |
| Stochastics (14,3) | 70.55 | NEUTRAL | The Stochastics value for SBR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for SBR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for SBR suggests a strong 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)
70.34
-2.23 (-3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.07%
1 Week2.16%
2 Weeks3.55%
1 Month-11.5%
3 Month6.59%
6 Month8.02%
12 Month16.25%
2 Year21.8%
3 Year-16.2%
5 Year148.82%
10 Year118.79%
15 Year30.84%
Volatility
ATR(14)1.94
ATR(20)%2.89%
ATR Inc80.6%
Range Today2.98
ADR(20)2.01
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.45
3 months CRS59.27
6 months CRS50.19
Mansfield-0.81
10 Day High72.98
10 Day Low66.8
20 Day High79.72
20 Day Low66.8
52 Week High84.39
52 Week Low58.25
CS1 End67.37
CR1 Start72.57
Volume & EV
DER(3)0.82%
DER(5)-3.24%
Volume32.35K
Volume Incr-30.75%
Vol(5)38.42K
Vol(50)49.25K
SABINE ROYALTY TRUST / SBR FAQ
What is the ChartMill technical rating of SABINE ROYALTY TRUST (SBR) stock?
ChartMill assigns a technical rating of 2 / 10 to SBR.
Can you provide the trend direction for SABINE ROYALTY TRUST?
The current trend direction for SABINE ROYALTY TRUST (SBR) is Bearish.
What is the RSI signal for SABINE ROYALTY TRUST (SBR) stock?
SABINE ROYALTY TRUST (SBR) has an RSI value of 45.8389. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SABINE ROYALTY TRUST?
The short term momentum for SABINE ROYALTY TRUST (SBR) is neutral.