SABINE ROYALTY TRUST (SBR) Stock Technical Analysis
NYSE:SBR - New York Stock Exchange, Inc. - US7856881021 - Currency: USD
We assign a technical rating of 6 out of 10 to SBR. In the last year, SBR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SBR 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. There is a resistance zone just above the current price starting at 67.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
58.41
2 important support areas can be observed.
- A support zone ranging from 65.35 to 65.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.00 to 62.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 66.32 to 70.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SBR is up. |
| ChartMill Relative Strength | 47.75 | NEUTRAL | SBR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SBR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBR is above the rising 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) | 56.52 | NEUTRAL | The RSI value for SBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SBR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.75 | NEUTRAL | The Stochastics value for SBR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for SBR suggests low volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for SBR suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 66.75 | 65.37 | 1.38 (2.07%) | 25.00% |
| An entry @66.75. This is a Buy Stop order right above the 10 day moving average. | An exit @65.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.38 points, which is 2.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of SBR. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:SBR (6/9/2025, 1:38:49 PM)
65.91
-1.09 (-1.63%)