SBRA Technical Analysis - SABRA HEALTH CARE REIT INC

Technical Rating and Analysis

Taking everything into account, SBRA scores 5 out of 10 in our technical rating. SBRA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

SBRA is part of the Diversified REITs industry. There are 129 other stocks in this industry. SBRA outperforms 70% of them.

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 2376680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, SBRA outperforms 46% of them, which is more or less in line with the market.

In the last month SBRA has a been trading in a tight range between 18.45 and 19.36.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SABRA HEALTH CARE REIT INC / SBRA Weekly stock chart

SABRA HEALTH CARE REIT INC / SBRA Daily stock chart

Setup Rating and Analysis

SBRA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.77, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

17.50

19.87

When analyzing the support we can see 2 important areas.

A support zone ranging from 18.07 to 18.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @17.68 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

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.

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Technical Indicator Signal Analysis

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	46.67	NEUTRAL	SBRA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SBRA is below a declining 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)	49.5	NEUTRAL	The RSI value for SBRA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests SBRA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	31.35	NEUTRAL	The Stochastics value for SBRA is a neutral value.
Average True Range in percent/ATR (20)	1.66	LOW VOLATILITY	The low ATR as a percentage value for SBRA suggests low volalility.
Average Directional Index/ADX (14)	15.48	NEGATIVE	The low ADX value for SBRA suggests a weak or negative trend.