CIA SANEAMENTO BASICO DE-ADR (SBS) Stock Technical Analysis
NYSE:SBS - New York Stock Exchange, Inc. - US20441A1025 - ADR - Currency: USD
Overall SBS gets a technical rating of 4 out of 10. SBS 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.
SBS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SBS is one of the better performing stocks in the Water Utilities industry, it outperforms 92% of 14 stocks in the same industry.
SBS 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 SBS is lagging the market slightly.
When comparing the performance of all stocks over the past year, SBS turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
Although the technical rating is only medium, SBS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 19.94, a Stop Loss order could be placed below this zone.
More info and screens
14.67
20.21
2 important support areas can be observed.
- A support zone ranging from 19.14 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.82 from a trend line in the weekly time frame.
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 SBS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBS is neutral. |
| ChartMill Relative Strength | 51.96 | NEUTRAL | SBS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.97 | NEUTRAL | The RSI value for SBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SBS has a positive trend. |
| Stochastics (14,3) | 55.67 | NEUTRAL | The Stochastics value for SBS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SBS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for SBS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
20.01
+0.49 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg2.51%
1 Week2.51%
2 Weeks-0.45%
1 Month-2.91%
3 Month-2.82%
6 Month21.05%
12 Month13.11%
2 Year72.5%
3 Year113.78%
5 Year130%
10 Year362.13%
15 Year215.95%
Volatility
ATR(14)0.48
ATR(20)%2.38%
ATR Inc-19.03%
Range Today0.4
ADR(20)0.42
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.96
Mansfield0.48
10 Day High20.02
10 Day Low18.88
20 Day High20.36
20 Day Low18.88
52 Week High22.18
52 Week Low13.87
CS1 End19.94
CR1 StartN/A
Volume & EV
DER(3)-3.53%
DER(5)-2.56%
Volume1.14M
Volume Incr-18.07%
Vol(5)945.60K
Vol(50)996.86K