SABRA HEALTH CARE REIT INC (SBRA) Technical Analysis
NASDAQ:SBRA • US78573L1061
Current stock price
SBRA Technical Rating and Analysis
Overall SBRA gets a technical rating of 3 out of 10. SBRA has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month SBRA has a been trading in the 19.09 - 21.06 range, which is quite wide. It is currently trading near the lows of this range.
- SBRA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SBRA is performing more or less in line with the market.
- SBRA has an average volume of 2771590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, SBRA outperforms 56% of them, which is more or less in line with the market.
- SBRA is part of the Diversified REITs industry. There are 122 other stocks in this industry, SBRA did better than 59% of them.
SBRA Weekly and Daily overview Charts
SBRA Setup Rating and Analysis
SBRA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.79, a Stop Loss order could be placed below this zone.
More info and screens
SBRA Support and Resistance Analysis
17.56
3 important support areas can be observed.
- A support zone ranging from 19.61 to 19.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.55 to 18.94. 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.
We found 1 important resistance area.
- 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 | DOWN | NEGATIVE | The short term trend for SBRA is down. |
| ChartMill Relative Strength | 56.34 | 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) | 48.82 | NEUTRAL | The RSI value for SBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SBRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.6 | NEUTRAL | The Stochastics value for SBRA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for SBRA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.72 | POSITIVE | The high ADX value value for SBRA suggests a strong trend. |
SBRA Chart- and CandleStick Pattern Analysis
SBRA Technicals: Chart, Performance Metrics, Trend & Indicators
19.86
+0.37 (+1.9%)
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 3 / 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 48.8156. 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 negative.
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 19.79 and a resistance level at 20.59. Check the full technical report for our detailed analysis of SBRA support and resistance levels.