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Sabine Royalty Trust (SBR) - Buy, Sell or Hold?

Sector: Energy   Sub-Sector: Oil & Gas Production
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017NoneDojiTue, 23 May 2017-1.46%
***Stock database and scans are updated around midnight (New York time) every trading day.
37.70 0.00 (0%) Jun 22 3:59pm EDT
Open: 36.90 Range: 36.80 - 37.80 Vol: 29.08K Avg Vol: 21.73K
EPS: 2.13 P/E ratio: 17.41 EBITDA: 0.00 Mkt Cap: 541.61M
Analyze "SBR" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 37.44
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 37.62
Last Trade is above the 50 day moving average at 37.07
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 36.84
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SBR

Stock Trend Analysis - Buy, Sell or Hold "Sabine Royalty Trust" (SBR)?

SBR is in a very strong uptrend. In the last 52 weeks, SBR has been trading above the 200 day moving average for 88% of the time with an average daily volume of 21.7K shares being traded. The 50 day moving average, currently at 37.07, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average confirms this view as the underlying strength in SBR is still very strong with price maintaining above the 20 SMA for 80% of the time in the last month of trading. Traders however need to be cognizant of the fact that some retracement may set in as many may use the strength in price to lock in profits. Traders who are thinking of going long SBR shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 37.07 and 36.84 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SBR".

The analyst consensus estimates for the 1 year price target for this stock is $32.50* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
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