SUNBELT RENTALS HOLDINGS INC (SUNB) Technical Analysis
NYSE:SUNB • US8669661048
Current stock price
SUNB Technical Rating and Analysis
Taking everything into account, SUNB scores 4 out of 10 in our technical rating. SUNB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, SUNB is a bad performer in the overall market: 100% of all stocks are doing better.
- SUNB is part of the Trading Companies & Distributors industry. There are 46 other stocks in this industry, of which 93% are performing better than SUNB.
- The long and short term trends are both positive. This is looking good!
- In the last month SUNB has a been trading in the 61.03 - 72.52 range, which is quite wide. It is currently trading near the high of this range.
SUNB Weekly and Daily overview Charts
SUNB Setup Rating and Analysis
SUNB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 71.59. Right above this resistance zone may be a good entry point.
More info and screens
SUNB Support and Resistance Analysis
62.46
2 important support areas can be observed.
- A support zone ranging from 68.17 to 69.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 63.09 to 63.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.59 to 72.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
SUNB Technical Indicator Signal Analysis
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 SUNB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUNB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SUNB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUNB is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 53.27 | NEUTRAL | The RSI value for SUNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.07 | NEGATIVE | The MACD value suggests SUNB has a negative trend. |
| Stochastics (14,3) | 86.71 | OVERBOUGHT | The high Stochastics value suggests SUNB may be overbought. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for SUNB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for SUNB suggests a weak or negative trend. |
SUNB Chart- and CandleStick Pattern Analysis
SUNB Technicals: Chart, Performance Metrics, Trend & Indicators
69.93
-0.64 (-0.91%)
SUNBELT RENTALS HOLDINGS INC / SUNB TA FAQ
What is the ChartMill technical rating of SUNBELT RENTALS HOLDINGS INC (SUNB) stock?
ChartMill assigns a technical rating of 4 / 10 to SUNB.
What is the trend direction for SUNB stock?
The current trend direction for SUNBELT RENTALS HOLDINGS INC (SUNB) is Bullish.
What is the RSI signal for SUNBELT RENTALS HOLDINGS INC (SUNB) stock?
SUNBELT RENTALS HOLDINGS INC (SUNB) has an RSI value of 53.2714. This indicates that the stock is currently neutral.
What is the MACD signal for SUNBELT RENTALS HOLDINGS INC (SUNB) stock?
The MACD indicator for SUNBELT RENTALS HOLDINGS INC (SUNB) has a value of -1.07332, indicating a bearish trend.
What is the short term momentum for SUNBELT RENTALS HOLDINGS INC (SUNB) stock?
The short term momentum for SUNBELT RENTALS HOLDINGS INC (SUNB) is positive.