SI-BONE INC (SIBN) Stock Technical Analysis
NASDAQ:SIBN - US8257041090 - Common Stock
16.45 USD
-0.22 (-1.32%)
16.45 USD
0 (0%)
We assign a technical rating of 2 out of 10 to SIBN. SIBN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
74% of all other stocks performed better in the past year than SIBN.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SIBN is an average performer in the Health Care Equipment & Supplies industry, it outperforms 57% of 190 stocks in the same industry.
SIBN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SIBN is lagging the market.
In the last month SIBN has a been trading in the 15.11 - 17.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SIBN does present a nice setup opportunity. 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 16.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.19, a Stop Loss order could be placed below this zone.
More info and screens
12.92
19.72
We found 5 important support areas.
- A support zone ranging from 15.46 to 16.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.20 from a horizontal line in the daily time frame.
- Support @14.22 from a trend line in the weekly time frame.
- Support @13.92 from a trend line in the daily time frame.
- Support @13.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 16.67 to 16.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.74 from a trend line in the daily time frame.
- Resistance @19.10 from a horizontal line in the daily time frame.
- Resistance @19.52 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 | NEUTRAL | NEUTRAL | The long term trend for SIBN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIBN is neutral. |
| ChartMill Relative Strength | 26.86 | NEGATIVE | SIBN has a low relative strength, it was outperformed by 73.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SIBN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SIBN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIBN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.58 | NEUTRAL | The RSI value for SIBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests SIBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86 | OVERBOUGHT | The high Stochastics value suggests SIBN may be overbought. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for SIBN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.6 | NEGATIVE | The low ADX value for SIBN 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)
16.45
-0.22 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.32%
1 Week2.49%
2 Weeks5.86%
1 Month-8.1%
3 Month-12.96%
6 Month2.43%
12 Month8.58%
2 Year-22.55%
3 Year-5.78%
5 Year-30.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.54%
ATR Inc-16%
Range Today0.6
ADR(20)0.73
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.86
Mansfield-0.24
10 Day High16.88
10 Day Low15.41
20 Day High17.67
20 Day Low15.11
52 Week High20.05
52 Week Low11.7
CS1 End16.19
CR1 Start16.67
Volume & EV
DER(3)2.07%
DER(5)1.47%
Volume255.20K
Volume Incr-51.36%
Vol(5)251.80K
Vol(50)424.30K