SABRA HEALTH CARE REIT INC (SBRA) Technical Analysis
NASDAQ:SBRA • US78573L1061
Current stock price
SBRA Technical Rating and Analysis
Taking everything into account, SBRA scores 5 out of 10 in our technical rating. SBRA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- 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 2454930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 59% of all stocks.
- SBRA is part of the Diversified REITs industry. There are 122 other stocks in this industry, SBRA did better than 56% of them.
- In the last month SBRA has a been trading in the 19.09 - 20.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SBRA Weekly and Daily overview Charts
SBRA Setup Rating and Analysis
Although the technical rating is only medium, SBRA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 19.62, a Stop Loss order could be placed below this zone.
More info and screens
SBRA Support and Resistance Analysis
17.56
4 important support areas can be observed.
- A support zone ranging from 19.55 to 19.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.02 to 19.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.42 to 18.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.74 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.20 to 20.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.59 to 20.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
SBRA 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 | NEUTRAL | NEUTRAL | The long term trend for SBRA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBRA is neutral. |
| ChartMill Relative Strength | 59.5 | 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 | MIXED | The current price of SBRA is below 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) | 49.66 | NEUTRAL | The RSI value for SBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SBRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.82 | 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) | 18.31 | NEGATIVE | The low ADX value for SBRA suggests a weak or negative trend. |
SBRA Chart- and CandleStick Pattern Analysis
SBRA Technicals: Chart, Performance Metrics, Trend & Indicators
20.09
+0.18 (+0.9%)
SABRA HEALTH CARE REIT INC / SBRA TA FAQ
What is the ChartMill technical rating of SABRA HEALTH CARE REIT INC (SBRA) stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
Can you provide the RSI signal for SABRA HEALTH CARE REIT INC?
SABRA HEALTH CARE REIT INC (SBRA) has an RSI value of 49.655. This indicates that the stock is currently neutral.
What is the short term momentum for SABRA HEALTH CARE REIT INC (SBRA) stock?
The short term momentum for SABRA HEALTH CARE REIT INC (SBRA) is neutral.
Can you provide the support and resistance levels for SABRA HEALTH CARE REIT INC?
SABRA HEALTH CARE REIT INC (SBRA) has a support level at 19.62 and a resistance level at 20.2. Check the full technical report for our detailed analysis of SBRA support and resistance levels.