Sequential Brands (SQBG) Stock Technical Analysis
NASDAQ:SQBG - Nasdaq -
We assign a technical rating of 0 out of 10 to SQBG. SQBG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than SQBG.
SQBG is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, of which 73% are performing better than SQBG.
SQBG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SQBG has a been trading in the 4.59 - 14.20 range, which is quite wide. It is currently trading near the lows of this range.
SQBG has an average volume of 2779060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of SQBG is bad and it also does not present a 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
6.18
12.24
3 important resistance areas can be observed.
- A resistance zone ranging from 10.64 to 10.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.34 from a trend line in the daily time frame.
- Resistance @12.12 from a horizontal 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 SQBG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SQBG is down. |
| ChartMill Relative Strength | 11.24 | NEGATIVE | SQBG has a low relative strength, it was outperformed by 88.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SQBG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SQBG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SQBG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.89 | NEUTRAL | The RSI value for SQBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests SQBG has a negative trend. |
| Stochastics (14,3) | 29.76 | NEUTRAL | The Stochastics value for SQBG is a neutral value. |
| Average True Range in percent/ATR (20) | 26.86 | HIGH VOLATILITY | The high ATR as a percentage value for SQBG suggests high volalility. |
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)
6.24
-1.21 (-16.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-16.24%
1 Week21.64%
2 Weeks-43.12%
1 Month-48.77%
3 Month-38.28%
6 Month-77.67%
12 Month16.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2
ATR(20)%26.86%
ATR Inc-24.47%
Range Today1.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.24
Mansfield-5.87
10 Day High14.2
10 Day Low4.59
20 Day High14.2
20 Day Low4.59
52 Week High40.49
52 Week Low4.14
CS1 EndN/A
CR1 Start10.64
Volume & EV
DER(3)-1.7%
DER(5)1.71%
Volume1.17M
Volume Incr3797.28%
Vol(5)14.02M
Vol(50)2.78M