Sabina Gold and Silver Corp (SBB.CA)

CA7852461093 - Common Stock

2.16  +0.02 (+0.93%)

Technical Rating and Analysis

9

Taking everything into account, SBB scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SBB has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
SBB is part of the Metals & Mining industry. There are 846 other stocks in this industry. SBB outperforms 96% of them.
SBB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SBB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SBB has an average volume of 3221150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SBB is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
SBB Weekly chart
SBB Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SBB also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 2.15, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.18

2.18

3 important support areas can be observed.

  • A support zone ranging from 2.10 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.52 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.19 from a horizontal line 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
CRS97.41
Mansfield5.42
10 Day High2.26
10 Day Low2.06
20 Day High2.26
20 Day Low1.96
52 Week High2.26
52 Week Low0.93
Performance
1 Week-1.82%
2 Weeks0.47%
1 Month10.2%
3 Month61.19%
6 Month81.51%
12 Month57.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)63.49
LBB2.09
UBB2.23
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.182.090.09 (4.00%)25.00%
An entry @2.18. This is a Buy Stop order right above the 10 day moving average.An exit @2.09. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.09 points, which is 4.00%.For a 1.00% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of SBB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SBB Daily chart

Sabina Gold and Silver Corp

TSX:SBB (4/21/2023, 7:00:00 PM)

2.16

+0.02 (+0.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.93%
1 Week-1.82%
2 Weeks0.47%
1 Month10.2%
3 Month61.19%
6 Month81.51%
12 Month57.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%3.06%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.26
10 Day Low2.06
20 Day High2.26
20 Day Low1.96
52 Week High2.26
52 Week Low0.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr99.13%
Vol(5)4.89M
Vol(50)3.22M