CIA SANEAMENTO BASICO DE-ADR (SBS) Stock Technical Analysis
NYSE:SBS - New York Stock Exchange, Inc. - US20441A1025 - ADR - Currency: USD
Taking everything into account, SBS scores 4 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month SBS has a been trading in the 19.55 - 22.18 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that SBS is one of the better performing stocks in the market, outperforming 78% of all stocks.
SBS is one of the better performing stocks in the Water Utilities industry, it outperforms 100% 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.
SBS has an average volume of 1086410 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
SBS has an average technical rating and it also does not offer a high 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
14.58
21.31
We found 2 important support areas.
- A support zone ranging from 19.55 to 20.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.66 to 21.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The short term trend for SBS is down. |
| ChartMill Relative Strength | 78.57 | POSITIVE | SBS has a high relative strength, it outperformed 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBS is below 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) | 41.69 | NEUTRAL | The RSI value for SBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SBS has a negative trend. |
| Stochastics (14,3) | 19.84 | OVERSOLD | The low Stochastics value suggests SBS may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for SBS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.22 | 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)
20.1
-0.02 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg-0.1%
1 Week-7.54%
2 Weeks-3.64%
1 Month-3.55%
3 Month9.96%
6 Month40.36%
12 Month31.63%
2 Year64.62%
3 Year134.54%
5 Year73.88%
10 Year297.23%
15 Year202.94%
Volatility
ATR(14)0.57
ATR(20)%2.45%
ATR Inc32.05%
Range Today0.32
ADR(20)0.41
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.57
Mansfield0.73
10 Day High22.18
10 Day Low19.55
20 Day High22.18
20 Day Low19.55
52 Week High22.18
52 Week Low13.87
CS1 End20.09
CR1 Start20.66
Volume & EV
DER(3)2.2%
DER(5)0.47%
Volume1.41M
Volume Incr51.05%
Vol(5)1.34M
Vol(50)1.09M