We assign a technical rating of 7 out of 10 to SBRA. In the last year, SBRA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although SBRA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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17.06
2 important support areas can be observed.
- A support zone ranging from 18.34 to 19.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.23 to 17.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.55 to 19.69. 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 | NEUTRAL | NEUTRAL | The long term trend for SBRA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SBRA is up. |
| ChartMill Relative Strength | 67.05 | 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) | 55.29 | NEUTRAL | The RSI value for SBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SBRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.11 | OVERBOUGHT | The high Stochastics value suggests SBRA may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for SBRA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for SBRA suggests a weak or negative 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 |
|---|---|---|---|
| 19.70 | 18.35 | 1.35 (6.85%) | 14.59% |
| An entry @19.70. This is a Buy Stop order right above the resistance zone. | An exit @18.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.35 points, which is 6.85%. | For a 1.00% total portfolio risk, you can invest 14.59% of your capital in this trade. |
- 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.
19.28
-0.33 (-1.68%)
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 7 / 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.
What is the RSI signal for SABRA HEALTH CARE REIT INC (SBRA) stock?
SABRA HEALTH CARE REIT INC (SBRA) has an RSI value of 55.2873. 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 0.062516, indicating a bearish trend.