SABRA HEALTH CARE REIT INC (SBRA) Stock Technical Analysis
NASDAQ:SBRA • US78573L1061
We assign a technical rating of 10 out of 10 to SBRA. Both in the recent history as in the last year, SBRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SBRA is one of the better performing stocks in the market, outperforming 73% of all stocks. On top of that, SBRA also shows a nice and consistent pattern of rising prices.
- SBRA is part of the Diversified REITs industry. There are 122 other stocks in this industry. SBRA outperforms 80% of them.
- SBRA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SBRA has a been trading in the 17.81 - 20.88 range, which is quite wide. It is currently trading near the high of this range.
- SBRA has an average volume of 2754860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBRA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for SBRA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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16.92
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.34 to 20.44. 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 19.25 to 19.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.07 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.74 from a horizontal line in the weekly time frame.
- Support @17.09 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 | UP | POSITIVE | The long term trend for SBRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SBRA is up. |
| ChartMill Relative Strength | 73.69 | POSITIVE | SBRA has a high relative strength, it outperformed 73.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.44 | NEUTRAL | The RSI value for SBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SBRA has a positive trend. |
| Stochastics (14,3) | 94.93 | OVERBOUGHT | The high Stochastics value suggests SBRA may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for SBRA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for SBRA 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 |
|---|---|---|---|
| 20.89 | 20.33 | 0.56 (2.68%) | 25.00% |
| An entry @20.89. This is a Buy Stop order right above the 10 day high. | An exit @20.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.56 points, which is 2.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of SBRA. 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.
20.86
+0.3 (+1.46%)
SABRA HEALTH CARE REIT INC / SBRA FAQ
What is the ChartMill technical rating of SABRA HEALTH CARE REIT INC (SBRA) stock?
ChartMill assigns a technical rating of 10 / 10 to SBRA.
Can you provide the trend direction for SABRA HEALTH CARE REIT INC?
The current trend direction for SABRA HEALTH CARE REIT INC (SBRA) is Bullish.
What is the RSI signal for SABRA HEALTH CARE REIT INC (SBRA) stock?
SABRA HEALTH CARE REIT INC (SBRA) has an RSI value of 69.4446. This indicates that the stock is currently neutral.
What is the MACD signal for SBRA stock?
The MACD indicator for SABRA HEALTH CARE REIT INC (SBRA) has a value of 0.122882, indicating a bearish trend.
What is the buy/sell signal for SABRA HEALTH CARE REIT INC (SBRA) stock?
The buy/sell signal for SABRA HEALTH CARE REIT INC (SBRA) is buy as both the short term and long term trends are positive.