Technical Analysis for SBM - Short Basic Materials

Grade Last Price % Change Price Change
grade F 14.8421 -0.31% -0.05
SBM closed down 0.31 percent on Friday, August 7, 2020, on 3.68 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical SBM trend table...

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.31%
NR7 Range Contraction -0.31%
Gapped Up Strength -0.31%
Gilligan's Island Buy Setup Bullish Swing Setup 0.47%
Narrow Range Bar Range Contraction 0.47%
New 52 Week Low Weakness 0.47%

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Profile

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in derivatives that the advisor believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. Component companies are involved in the production of aluminum, steel, non-ferrous metals, commodity chemicals, specialty chemicals, forest products, paper products, as well as the mining of precious metals and coal. It is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Mining Chemicals Bear Market ETF Inverse ETF Silver Exchange Traded Product Steel Wagering Commodity Chemicals Forest Products Paper Products Fine Chemical Dow Jones Us Basic Materials Sector Index

Top 10 Components

Symbol Grade Percentage
LIN 18.22
APD 8.28
ECL 7.77
DD 7.23
DOW 6.27
NEM 5.65
PPG 4.81
LYB 3.74
CTVA 3.36
FCX 2.96
View All SBM Holdings

Is SBM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.82
52 Week Low 14.7
Average Volume 1,710
200-Day Moving Average 18.25
50-Day Moving Average 15.91
20-Day Moving Average 15.09
10-Day Moving Average 14.99
Average True Range 0.22
ADX 21.98
+DI 34.65
-DI 47.94
Chandelier Exit (Long, 3 ATRs ) 15.56
Chandelier Exit (Short, 3 ATRs ) 15.37
Upper Bollinger Band 15.61
Lower Bollinger Band 14.56
Percent B (%b) 0.27
BandWidth 6.95
MACD Line -0.34
MACD Signal Line -0.38
MACD Histogram 0.0465
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.06
Resistance 3 (R3) 15.09 15.04 15.03
Resistance 2 (R2) 15.04 14.98 15.03 15.01
Resistance 1 (R1) 14.94 14.95 14.92 14.92 15.00
Pivot Point 14.89 14.89 14.88 14.88 14.89
Support 1 (S1) 14.79 14.83 14.77 14.77 14.68
Support 2 (S2) 14.74 14.80 14.73 14.67
Support 3 (S3) 14.65 14.74 14.66
Support 4 (S4) 14.62