Taking everything into account, SNBR scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNBR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- SNBR is part of the Specialty Retail industry. There are 122 other stocks in this industry. SNBR outperforms 84% of them.
- In the last month SNBR has a been trading in the 6.98 - 11.94 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that SNBR is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- SNBR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNBR is lagging the market.
Although SNBR 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.
More info and screens
8.54
When analyzing the support we can see 2 important areas.
- Support @10.02 from a horizontal line in the daily time frame.
- A support zone ranging from 8.63 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @11.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.65 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SNBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNBR is up. |
| ChartMill Relative Strength | 88.03 | POSITIVE | SNBR has a high relative strength, it outperformed 88.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.09 | NEUTRAL | The RSI value for SNBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SNBR has a positive trend. |
| Stochastics (14,3) | 71.58 | NEUTRAL | The Stochastics value for SNBR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for SNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.16 | POSITIVE | The high ADX value value for SNBR suggests a strong trend. |
11.08
+0.77 (+7.47%)
SLEEP NUMBER CORP / SNBR FAQ
What is the technical rating for SNBR stock?
ChartMill assigns a technical rating of 9 / 10 to SNBR.
What is the current trend direction of SLEEP NUMBER CORP (SNBR) stock?
The current trend direction for SLEEP NUMBER CORP (SNBR) is Bullish.
Can you provide the RSI signal for SLEEP NUMBER CORP?
SLEEP NUMBER CORP (SNBR) has an RSI value of 65.0865. This indicates that the stock is currently neutral.
What is the MACD signal for SLEEP NUMBER CORP (SNBR) stock?
The MACD indicator for SLEEP NUMBER CORP (SNBR) has a value of 0.0226174, indicating a bearish trend.
What is the support and resistance level for SNBR stock?
SLEEP NUMBER CORP (SNBR) has a support level at 10.02 and a resistance level at 11.38. Check the full technical report for our detailed analysis of SNBR support and resistance levels.