SANDY SPRING BANCORP INC (SASR)

US8003631038 - Common Stock

34  +0.77 (+2.32%)

After market: 34 0 (0%)

Technical Rating and Analysis

5

Taking everything into account, SASR scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month SASR has a been trading in the 32.96 - 39.55 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.
SASR is one of the better performing stocks in the Banks industry, it outperforms 75% of 406 stocks in the same industry.
SASR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SASR is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that SASR is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
SASR Weekly chart
SASR Daily chart
Setup Rating and Analysis

3

SASR has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

19.72

39.11

When analyzing the support we can see 3 important areas.

  • Support @33.22 from a horizontal line in the daily time frame.
  • Support @21.02 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 one important area.

  • A resistance zone ranging from 38.51 to 38.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.02
Mansfield1.34
10 Day High38.24
10 Day Low32.96
20 Day High39.55
20 Day Low32.96
52 Week High39.55
52 Week Low19.52
Performance
1 Week-7.15%
2 Weeks-9.74%
1 Month-8.53%
3 Month4.49%
6 Month49.45%
12 Month26.35%
2 Year-3.49%
3 Year-29.28%
5 Year-10.24%
10 Year30.37%
15 Year282.45%
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)-0.6
RSI(14)35.35
LBB33.13
UBB39.57
SASR Daily chart

SANDY SPRING BANCORP INC

NASDAQ:SASR (12/20/2024, 8:00:01 PM)

After market: 34 0 (0%)

34

+0.77 (+2.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.32%
1 Week-7.15%
2 Weeks-9.74%
1 Month-8.53%
3 Month4.49%
6 Month49.45%
12 Month26.35%
2 Year-3.49%
3 Year-29.28%
5 Year-10.24%
10 Year30.37%
15 Year282.45%
Volatility
ATR(14)1.02
ATR(20)%3.04%
ATR Inc42.82%
Range Today1.42
ADR(20)1.02
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.02
Mansfield1.34
10 Day High38.24
10 Day Low32.96
20 Day High39.55
20 Day Low32.96
52 Week High39.55
52 Week Low19.52
CS1 End33.22
CR1 Start38.51
Volume & EV
DER(3)-3.6%
DER(5)-0.55%
Volume824.60K
Volume Incr81.74%
Vol(5)398.72K
Vol(50)490.02K