SI-BONE INC (SIBN) Stock Technical Analysis
USA - NASDAQ:SIBN - US8257041090 - Common Stock
Overall SIBN gets a technical rating of 3 out of 10. SIBN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SIBN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.72, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.51
When analyzing the support we can see 5 important areas.
- A support zone ranging from 15.23 to 15.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.99 from a trend line in the daily time frame.
- Support @14.74 from a horizontal line in the daily time frame.
- A support zone ranging from 14.04 to 14.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.65 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.78 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.37 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 | 52.06 | NEUTRAL | SIBN is not amongst the best or worst performers 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) | 57.38 | NEUTRAL | The RSI value for SIBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SIBN has a positive trend. |
| Stochastics (14,3) | 61.95 | NEUTRAL | The Stochastics value for SIBN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for SIBN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.16 | NEGATIVE | The low ADX value for SIBN suggests a weak or negative trend. |
15.77
+0.58 (+3.82%)
SI-BONE INC / SIBN FAQ
What is the ChartMill technical rating of SI-BONE INC (SIBN) stock?
ChartMill assigns a technical rating of 3 / 10 to SIBN.
What is the current trend direction of SI-BONE INC (SIBN) stock?
The current trend direction for SI-BONE INC (SIBN) is Bearish.
What is the RSI signal for SI-BONE INC (SIBN) stock?
SI-BONE INC (SIBN) has an RSI value of 57.3818. This indicates that the stock is currently neutral.
What is the MACD signal for SI-BONE INC (SIBN) stock?
The MACD indicator for SI-BONE INC (SIBN) has a value of 0.0282593, indicating a bearish trend.