SIMPLY BETTER BRANDS CORP (SBBC.CA)

CA82888R1055 - Common Stock

0.59  0 (0%)

Technical Rating and Analysis

4

Taking everything into account, SBBC scores 4 out of 10 in our technical rating. In the last year, SBBC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month SBBC has a been trading in the 0.58 - 0.70 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SBBC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 94% of 39 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, SBBC did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SBBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SBBC is lagging the market.
Weekly and Daily overview Charts
SBBC Weekly chart
SBBC Daily chart
Setup Rating and Analysis

3

SBBC 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

0.52

0.65

2 important support areas can be observed.

  • Support @0.56 from a horizontal line in the weekly time frame.
  • Support @0.53 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS92.24
Mansfield2.21
10 Day High0.7
10 Day Low0.59
20 Day High0.7
20 Day Low0.58
52 Week High0.95
52 Week Low0.19
Performance
1 Week-6.35%
2 Weeks-11.94%
1 Month1.72%
3 Month-32.95%
6 Month73.53%
12 Month126.92%
2 Year136%
3 Year-89.37%
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
RSI(14)41.96
LBB0.57
UBB0.69
SBBC Daily chart

SIMPLY BETTER BRANDS CORP

TSX-V:SBBC (9/23/2024, 7:00:00 PM)

0.59

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week-6.35%
2 Weeks-11.94%
1 Month1.72%
3 Month-32.95%
6 Month73.53%
12 Month126.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%4.75%
ATR Inc
Range Today0.01
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 High0.7
10 Day Low0.59
20 Day High0.7
20 Day Low0.58
52 Week High0.95
52 Week Low0.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume486.26K
Volume Incr246.54%
Vol(5)670.34K
Vol(50)339.87K