We assign a technical rating of 10 out of 10 to SIBN. Both in the recent history as in the last year, SIBN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SIBN has an excellent technical rating, it 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.
13.51
When analyzing the support we can see 3 important 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 SIBN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIBN is up. |
| ChartMill Relative Strength | 89.2 | POSITIVE | SIBN has a high relative strength, it outperformed 89.2% 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) | UP | POSITIVE | The current price of SIBN is above 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) | 64.29 | NEUTRAL | The RSI value for SIBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SIBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.75 | OVERBOUGHT | The high Stochastics value suggests SIBN may be overbought. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SIBN suggests some volalility. |
| Average Directional Index/ADX (14) | 37.38 | POSITIVE | The high ADX value value for SIBN suggests a strong trend. |
18.87
-0.59 (-3.03%)
ChartMill assigns a technical rating of 10 / 10 to SIBN.
The current trend direction for SI-BONE INC (SIBN) is Bullish.
SI-BONE INC (SIBN) has an RSI value of 64.2896. This indicates that the stock is currently neutral.
The MACD indicator for SI-BONE INC (SIBN) has a value of 0.101771, indicating a bearish trend.
The buy/sell signal for SI-BONE INC (SIBN) is buy as both the short term and long term trends are positive.