SABRA HEALTH CARE REIT INC (SBRA) Stock Technical Analysis
NASDAQ:SBRA - US78573L1061 - REIT
19.03 USD
-0.05 (-0.26%)
19.03 USD
0 (0%)
Overall SBRA gets a technical rating of 7 out of 10. Although SBRA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SBRA is one of the better performing stocks in the Diversified REITs industry, it outperforms 73% of 129 stocks in the same industry.
SBRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SBRA is lagging the market slightly.
SBRA has an average volume of 2497280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SBRA turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month SBRA has a been trading in the 18.10 - 19.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SBRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.02, a Stop Loss order could be placed below this zone.
More info and screens
17.34
19.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.50 to 19.02. 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 18.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.52 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.12 to 19.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.55 to 19.67. This zone is formed by a combination of multiple trend lines 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 SBRA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBRA is neutral. |
| ChartMill Relative Strength | 56.86 | NEUTRAL | SBRA is not amongst the best or worst performers 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) | 52.61 | NEUTRAL | The RSI value for SBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SBRA has a negative trend. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for SBRA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SBRA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for SBRA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 19.25 | 18.78 | 0.47 (2.44%) | 25.00% |
| An entry @19.25. This is a Buy Stop order right above the resistance zone. | An exit @18.78. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.47 points, which is 2.44%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
19.03
-0.05 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.26%
1 Week-1.45%
2 Weeks-3.01%
1 Month1.87%
3 Month6.61%
6 Month12.87%
12 Month10.32%
2 Year36.51%
3 Year45.05%
5 Year38.05%
10 Year-17.9%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.04%
ATR Inc-16.49%
Range Today0.41
ADR(20)0.38
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.86
Mansfield-0.28
10 Day High19.97
10 Day Low18.79
20 Day High19.97
20 Day Low18.1
52 Week High20.03
52 Week Low15.6
CS1 End19.02
CR1 Start19.12
Volume & EV
DER(3)0.01%
DER(5)0.32%
Volume1.97M
Volume Incr-24.75%
Vol(5)2.08M
Vol(50)2.50M