SILVERBACK THERAPEUTICS INC (SBTX)
US82835W1080 - Common Stock
We assign a technical rating of 8 out of 10 to SBTX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SBTX is only an average performer.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, SBTX turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
SBTX is an average performer in the Biotechnology industry, it outperforms 68% of 588 stocks in the same industry.
SBTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBTX is lagging the market slightly.
In the last month SBTX has a been trading in the 4.91 - 6.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SBTX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.15. Right above this resistance zone may be a good entry point.
More info and screens
4.97
6.30
3 important support areas can be observed.
- Support @5.57 from a trend line in the daily time frame.
- A support zone ranging from 5.27 to 5.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.15 to 6.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.07
Mansfield3.39
10 Day High6.5
10 Day Low5.55
20 Day High6.5
20 Day Low4.91
52 Week High8.97
52 Week Low2.8
Performance
1 Week-4.55%
2 Weeks-4.24%
1 Month12.24%
3 Month15.55%
6 Month98.31%
12 Month-30.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)53.52
LBB5.66
UBB6.34
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.25 | 5.56 | 0.69 (11.04%) | 9.06% |
| An entry @6.25. This is a Buy Stop order right above the resistance zone. | An exit @5.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.69 points, which is 11.04%. | When investing 9.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SBTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SILVERBACK THERAPEUTICS INC
NASDAQ:SBTX (11/8/2022, 3:30:02 PM)
5.87
+0.06 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.03%
1 Week-4.55%
2 Weeks-4.24%
1 Month12.24%
3 Month15.55%
6 Month98.31%
12 Month-30.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%7.13%
ATR Inc
Range Today0.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.5
10 Day Low5.55
20 Day High6.5
20 Day Low4.91
52 Week High8.97
52 Week Low2.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume116.70K
Volume Incr-32.88%
Vol(5)128.24K
Vol(50)177.25K