NYSE:SBSW - US82575P1075 - ADR
Overall SBSW gets a technical rating of 7 out of 10. 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.
Although SBSW has an excellent technical rating, it does not present a decent entry opportunity 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.
3.21
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 SBSW is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBSW is neutral. |
ChartMill Relative Strength | 94.93 | POSITIVE | SBSW has a high relative strength, it outperformed 94.93% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBSW is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of SBSW is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBSW is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.95 | NEUTRAL | The RSI value for SBSW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SBSW has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 68.69 | NEUTRAL | The Stochastics value for SBSW is a neutral value. |
Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for SBSW suggests some volalility. |
Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for SBSW suggests a weak or negative trend. |
8.08
-0.49 (-5.72%)