SABINE ROYALTY TRUST (SBR) Stock Technical Analysis
USA - NYSE:SBR - US7856881021
76.8 USD
+2.26 (+3.03%)
76.32 USD
-0.48 (-0.63%)
We assign a technical rating of 9 out of 10 to SBR. SBR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that SBR is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, SBR also shows a nice and consistent pattern of rising prices.
SBR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 77% of 210 stocks in the same industry.
In the last month SBR has a been trading in the 66.80 - 77.20 range, which is quite wide. It is currently trading near the high of this range.
SBR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SBR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
58.41
77.57
We found 4 important support areas.
- A support zone ranging from 65.68 to 67.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.65 from a trend line in the weekly time frame.
- Support @61.00 from a horizontal line in the weekly time frame.
- Support @59.00 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for SBR is up. |
| ChartMill Relative Strength | 80.64 | POSITIVE | SBR has a high relative strength, it outperformed 80.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBR is above 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) | 66.08 | NEUTRAL | The RSI value for SBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests SBR has a positive trend. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests SBR may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for SBR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.4 | 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)
76.8
+2.26 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.03%
1 Week6.76%
2 Weeks10.31%
1 Month13.16%
3 Month9%
6 Month19.13%
12 Month21.52%
2 Year22.16%
3 Year-4.13%
5 Year163.13%
10 Year133.15%
15 Year31.39%
Volatility
ATR(14)2
ATR(20)%2.46%
ATR Inc40.7%
Range Today3.08
ADR(20)1.87
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.64
3 months CRS76.8
6 months CRS73.62
Mansfield0.25
10 Day High77.2
10 Day Low69.04
20 Day High77.2
20 Day Low66.8
52 Week High84.39
52 Week Low58.25
CS1 End67.73
CR1 StartN/A
Volume & EV
DER(3)4.69%
DER(5)2.56%
Volume49.50K
Volume Incr-27.87%
Vol(5)33.78K
Vol(50)47.72K
SABINE ROYALTY TRUST / SBR FAQ
What is the ChartMill technical rating of SABINE ROYALTY TRUST (SBR) stock?
ChartMill assigns a technical rating of 9 / 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 66.0773. 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 positive.