SABRA HEALTH CARE REIT INC (SBRA) Stock Technical Analysis
USA - NASDAQ:SBRA - US78573L1061 - REIT
Taking everything into account, SBRA scores 1 out of 10 in our technical rating. SBRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SBRA is bad and it also does not present a quality setup 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.
More info and screens
17.05
We found 1 important support area.
- A support zone ranging from 17.22 to 17.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.95 to 18.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 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 | 21.17 | NEGATIVE | SBRA has a low relative strength, it was outperformed by 78.83% off all stocks 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) | DOWN | NEGATIVE | The current price of SBRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SBRA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.53 | NEUTRAL | The RSI value for SBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SBRA has a negative trend. |
| Stochastics (14,3) | 32.72 | NEUTRAL | The Stochastics value for SBRA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SBRA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.67 | NEUTRAL | The ADX value for SBRA suggests a possible start of a new trend. |
17.47
+0.24 (+1.39%)
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 1 / 10 to SBRA.
What is the trend direction for SBRA stock?
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 34.5272. This indicates that the stock is currently neutral.
What is the short term momentum for SBRA stock?
The short term momentum for SABRA HEALTH CARE REIT INC (SBRA) is neutral.
What is the support and resistance level for SBRA stock?
SABRA HEALTH CARE REIT INC (SBRA) has a support level at 17.22 and a resistance level at 17.28. Check the full technical report for our detailed analysis of SBRA support and resistance levels.