We assign a technical rating of 8 out of 10 to SNBR. In the last year, SNBR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- SNBR is one of the better performing stocks in the Specialty Retail industry, it outperforms 79% of 122 stocks in the same industry.
- In the last month SNBR has a been trading in the 6.98 - 11.81 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, SNBR did better than 83% of all other 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SNBR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.84
We found 1 important support area.
- A support zone ranging from 7.92 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SNBR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNBR is up. |
| ChartMill Relative Strength | 83.34 | POSITIVE | SNBR has a high relative strength, it outperformed 83.34% 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) | 79.46 | OVERBOUGHT | The high RSI value suggests SNBR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SNBR has a positive trend. |
| Stochastics (14,3) | 92.77 | OVERBOUGHT | The high Stochastics value suggests SNBR may be overbought. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for SNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.91 | POSITIVE | The high ADX value value for SNBR suggests a strong trend. |
11.64
+0.27 (+2.37%)
SLEEP NUMBER CORP / SNBR FAQ
What is the technical rating for SNBR stock?
ChartMill assigns a technical rating of 8 / 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 Bearish.
Can you provide the RSI signal for SLEEP NUMBER CORP?
SLEEP NUMBER CORP (SNBR) has an RSI value of 79.4611. This indicates that the stock is currently overbought.
What is the MACD signal for SLEEP NUMBER CORP (SNBR) stock?
The MACD indicator for SLEEP NUMBER CORP (SNBR) has a value of 0.303647, indicating a bearish trend.
What is the support and resistance level for SNBR stock?
SLEEP NUMBER CORP (SNBR) has a support level at 7.94. Check the full technical report for our detailed analysis of SNBR support and resistance levels.