SI-BONE INC (SIBN) Technical Analysis
NASDAQ:SIBN • US8257041090
Current stock price
SIBN Technical Rating and Analysis
Taking everything into account, SIBN scores 2 out of 10 in our technical rating. In the past year, SIBN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, SIBN is a bad performer in the overall market: 78% of all stocks are doing better.
- SIBN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SIBN has a been trading in the 12.15 - 14.85 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- SIBN is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, SIBN did better than 55% of them.
- Volume is considerably higher in the last couple of days.
SIBN Weekly and Daily overview Charts
SIBN Setup Rating and Analysis
SIBN has a poor technical rating and the quality of the setup is also not perfect 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
SIBN Support and Resistance Analysis
12.05
4 important support areas can be observed.
- A support zone ranging from 13.05 to 13.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.83 to 12.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.56 from a horizontal line in the weekly time frame.
- Support @12.17 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.50 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.87 from a trend line in the daily time frame.
SIBN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SIBN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIBN is up. |
| ChartMill Relative Strength | 22.54 | NEGATIVE | SIBN has a low relative strength, it was outperformed by 77.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SIBN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIBN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.9 | NEUTRAL | The RSI value for SIBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests SIBN has a positive trend. |
| Stochastics (14,3) | 89.97 | OVERBOUGHT | The high Stochastics value suggests SIBN may be overbought. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SIBN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for SIBN suggests a possible start of a new trend. |
SIBN Chart- and CandleStick Pattern Analysis
SIBN Technicals: Chart, Performance Metrics, Trend & Indicators
14.49
+0.06 (+0.42%)
SI-BONE INC / SIBN TA FAQ
What is the technical rating for SIBN stock?
ChartMill assigns a technical rating of 2 / 10 to SIBN.
Can you provide the trend direction for SI-BONE INC?
The current trend direction for SI-BONE INC (SIBN) is Bearish.
Can you provide the RSI signal for SI-BONE INC?
SI-BONE INC (SIBN) has an RSI value of 58.9044. This indicates that the stock is currently neutral.
What is the buy/sell signal for SI-BONE INC (SIBN) stock?
The buy/sell signal for SI-BONE INC (SIBN) is hold as the short term and long term trends are mixed.
What is the support and resistance level for SIBN stock?
SI-BONE INC (SIBN) has a support level at 13.17 and a resistance level at 14.5. Check the full technical report for our detailed analysis of SIBN support and resistance levels.