SUNSHINE BIOPHARMA INC (SBFM)
US8677816014 - Common Stock
We assign a technical rating of 2 out of 10 to SBFM. Recently some decent action could be observed, but in the medium term time frame this is still negative. SBFM was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than SBFM.
SBFM is one of the lesser performing stocks in the Biotechnology industry. 78% of 565 stocks in the same industry do better.
SBFM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SBFM is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SBFM has a been trading in the 2.20 - 3.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SBFM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SBFM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.67
3.38
We found 1 important support area.
- A support zone ranging from 2.70 to 2.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.34 to 3.35. This zone is formed by a combination of multiple trend lines 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
CRS4.03
Mansfield-9.7
10 Day High3.05
10 Day Low2.51
20 Day High3.48
20 Day Low2.2
52 Week High582
52 Week Low2.11
Performance
1 Week10.29%
2 Weeks0.67%
1 Month27.12%
3 Month-6.25%
6 Month-64.07%
12 Month-99.45%
2 Year-99.77%
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
RSI(14)56.14
LBB2.52
UBB3.27
SUNSHINE BIOPHARMA INC
NASDAQ:SBFM (12/23/2024, 6:57:11 PM)
After market: 2.94 -0.06 (-2%)3
+0.22 (+7.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.91%
1 Week10.29%
2 Weeks0.67%
1 Month27.12%
3 Month-6.25%
6 Month-64.07%
12 Month-99.45%
2 Year-99.77%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%11.13%
ATR Inc-9.03%
Range Today0.35
ADR(20)0.33
ADR(20)%10.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.03
Mansfield-9.7
10 Day High3.05
10 Day Low2.51
20 Day High3.48
20 Day Low2.2
52 Week High582
52 Week Low2.11
CS1 End2.74
CR1 Start3.34
Volume & EV
DER(3)5.87%
DER(5)3.52%
Volume172.21K
Volume Incr-91.15%
Vol(5)163.10K
Vol(50)820.94K