SABINE ROYALTY TRUST (SBR) Stock Technical Analysis
NYSE:SBR - New York Stock Exchange, Inc. - US7856881021 - Currency: USD
Taking everything into account, SBR scores 3 out of 10 in our technical rating. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SBR outperforms 43% of them, which is more or less in line with the market.
SBR is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, SBR did better than 62% of them.
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 a tight range between 65.12 and 67.76.
Although the technical rating is bad, SBR does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
58.41
71.48
2 important support areas can be observed.
- A support zone ranging from 65.58 to 65.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.00 to 62.45. 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 65.87 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 | 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 | 43.3 | 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) | DOWN | MIXED | The current price of SBR is above 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) | 46.3 | NEUTRAL | The RSI value for SBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SBR has a negative trend. |
| Stochastics (14,3) | 36.53 | NEUTRAL | The Stochastics value for SBR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for SBR suggests low volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for SBR 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)
65.68
-0.26 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.39%
1 Week-2.6%
2 Weeks-1.16%
1 Month0.47%
3 Month1.08%
6 Month3.47%
12 Month0.37%
2 Year-0.39%
3 Year7.88%
5 Year136.94%
10 Year73.99%
15 Year39.33%
Volatility
ATR(14)1.17
ATR(20)%1.81%
ATR Inc30.01%
Range Today1.24
ADR(20)1.18
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.3
Mansfield-0.3
10 Day High67.76
10 Day Low65.25
20 Day High67.76
20 Day Low65.12
52 Week High70.2
52 Week Low58.25
CS1 End65.6
CR1 Start65.87
Volume & EV
DER(3)-1.96%
DER(5)-2.23%
Volume35.10K
Volume Incr14.37%
Vol(5)35.98K
Vol(50)35.37K