SLEEP NUMBER CORP (SNBR) Stock Technical Analysis
NASDAQ:SNBR - Nasdaq - US83125X1037 - Common Stock - Currency: USD
Taking everything into account, SNBR scores 2 out of 10 in our technical rating. SNBR 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SNBR 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.
SNBR is one of the better performing stocks in the Specialty Retail industry, it outperforms 72% of 121 stocks in the same industry.
Looking at the yearly performance, SNBR did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SNBR has a been trading in the 6.36 - 8.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNBR 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 8.04. Right above this resistance zone may be a good entry point.
More info and screens
6.56
18.88
2 important support areas can be observed.
- Support @7.06 from a trend line in the daily time frame.
- A support zone ranging from 6.63 to 6.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.04 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.51 from a trend line in the daily time frame.
- Resistance @18.32 from a horizontal line in the daily time frame.
- Resistance @18.69 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for SNBR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNBR is neutral. |
| ChartMill Relative Strength | 76.53 | POSITIVE | SNBR has a high relative strength, it outperformed 76.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SNBR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SNBR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.51 | NEUTRAL | The RSI value for SNBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SNBR has a positive trend. |
| Stochastics (14,3) | 73.78 | NEUTRAL | The Stochastics value for SNBR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for SNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for SNBR 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)
7.74
+0.09 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.18%
1 Week1.84%
2 Weeks13.82%
1 Month-10.21%
3 Month55.11%
6 Month-48.3%
12 Month-17.04%
2 Year-72.05%
3 Year-82.82%
5 Year-83.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%8.11%
ATR Inc7.73%
Range Today0.44
ADR(20)0.61
ADR(20)%7.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.53
Mansfield-4.17
10 Day High8.44
10 Day Low6.47
20 Day High8.54
20 Day Low6.36
52 Week High20.75
52 Week Low4.48
CS1 End7.06
CR1 Start8.04
Volume & EV
DER(3)-0.15%
DER(5)-0.23%
Volume456.90K
Volume Incr-18.36%
Vol(5)434.36K
Vol(50)592.77K