Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Sabine Royalty Trust (NYSE:SBR)
Countertrend Down (-85) - SBR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SBR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SBR
The long-term trend has been DOWN since Aug 5th, 2024 at 60.4710
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 60.7200
The short-term trend has been UP since Oct 21st, 2024 at 61.9749
Smart Scan Analysis for SBR
Based on our trend formula, SBR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 60.780 | 61.080 | 59.960 | 60.375 | -0.315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 60.690 | 44602 | 2024-10-22 15:55:52 |
| Year High | 50 | Year High Date | 2018-01-11 |
| Year Low | 35.82 | Year Low Date | 2018-10-24 |
| 52wk High | 72.5 | 52wk High Date | 2023-12-08 |
| 52wk Low | 55.6 | 52wk Low Date | 2023-10-30 |
| Year End Close | 39.79 | Average Volume | 36,894 |
| Shares Outstanding | 14,579 | Short Interest | 43,312 |
| % Institutional | 10.3 | Market Cap | 657M |
| Assets | 8,447,631M | Liabilities | 746,458M |
| P/E Ratio | 9.9167 | Beta | 0.82 |
| Volatility | 38.73 |