SANDY SPRING BANCORP INC (SASR) Stock Technical Analysis
NASDAQ:SASR - Nasdaq - US8003631038 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SASR. Although SASR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month SASR has a been trading in the 31.58 - 35.16 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, SASR did better than 80% of all other stocks. However, we also see that SASR couldn't keep up this performance in the last couple of months.
SASR is an average performer in the Banks industry, it outperforms 69% of 405 stocks in the same industry.
SASR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SASR is lagging the market.
The technical rating of SASR 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
19.72
35.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.67 to 30.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.20 from a trend line in the weekly time frame.
- Support @19.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.78 to 31.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 33.51 to 35.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.64
Mansfield0.24
10 Day High34.95
10 Day Low31.58
20 Day High35.16
20 Day Low31.58
52 Week High39.55
52 Week Low19.52
Performance
1 Week-6.37%
2 Weeks-9.86%
1 Month-3.74%
3 Month-16.46%
6 Month0.64%
12 Month43.01%
2 Year-4.04%
3 Year-32.85%
5 Year2.8%
10 Year22.65%
15 Year123.62%
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)35.34
LBB32.15
UBB35.49
31.62
-1.37 (-4.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-4.15%
1 Week-6.37%
2 Weeks-9.86%
1 Month-3.74%
3 Month-16.46%
6 Month0.64%
12 Month43.01%
2 Year-4.04%
3 Year-32.85%
5 Year2.8%
10 Year22.65%
15 Year123.62%
Volatility
ATR(14)1.15
ATR(20)%3.67%
ATR Inc41.09%
Range Today1.87
ADR(20)1.12
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.64
Mansfield0.24
10 Day High34.95
10 Day Low31.58
20 Day High35.16
20 Day Low31.58
52 Week High39.55
52 Week Low19.52
CS1 End30.94
CR1 Start31.78
Volume & EV
DER(3)3.86%
DER(5)4.14%
Volume213.80K
Volume Incr-13.02%
Vol(5)200.80K
Vol(50)246.36K