SLEEP NUMBER CORP (SNBR) Stock Technical Analysis
NASDAQ:SNBR - Nasdaq - US83125X1037 - Common Stock - Currency: USD
Overall SNBR gets a technical rating of 4 out of 10. In the past year, SNBR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SNBR is a bad performer in the overall market: 62% of all stocks are doing better.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SNBR is an average performer in the Specialty Retail industry, it outperforms 57% of 120 stocks in the same industry.
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.
In the last month SNBR has a been trading in the 8.57 - 11.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SNBR does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for SNBR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.08
14.86
When analyzing the support we notice one important area.
- A support zone ranging from 9.17 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.05 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.59 from a trend line in the daily time frame.
- Resistance @14.71 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for SNBR is up. |
| ChartMill Relative Strength | 38.21 | NEUTRAL | SNBR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNBR is below 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) | DOWN | NEGATIVE | The current price of SNBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.56 | NEUTRAL | The RSI value for SNBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SNBR has a negative trend. |
| Stochastics (14,3) | 30.24 | NEUTRAL | The Stochastics value for SNBR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for SNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.7 | POSITIVE | The high ADX value value for SNBR suggests a strong 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)
9.26
-0.88 (-8.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-8.68%
1 Week-8.04%
2 Weeks-8.32%
1 Month2.32%
3 Month25.99%
6 Month-53.33%
12 Month-26.51%
2 Year-66.06%
3 Year-70.08%
5 Year-77.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%8.36%
ATR Inc20.28%
Range Today1.21
ADR(20)0.75
ADR(20)%8.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.21
Mansfield-2.95
10 Day High11.57
10 Day Low9.06
20 Day High11.57
20 Day Low8.57
52 Week High20.75
52 Week Low4.48
CS1 End9.25
CR1 Start10.05
Volume & EV
DER(3)3.79%
DER(5)3.73%
Volume535.30K
Volume Incr-9.7%
Vol(5)506.08K
Vol(50)715.05K