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SIBNSi-Bone Inc

NASDAQDaily chart
Range low retest · 13 Nov 2023

SIBN slipped below its $18.39 – $27.24 range and came back to test the low on 13 Nov 2023.

Range low
$18.39
support
Range high
$27.24
48% above the low
In the range since
Mar 2023
1 yr
Close on retest day
$15.94
13% below the range low
  • 4 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
25 Jun 2024Still open——
22 Mar 202326 Mar 2024 · 1 yrBroke below the range at $14.8813 Nov 2023
14 Jul 20227 Mar 2023 · 8 moBroke above the range at $21.29—
8 Nov 202116 Jun 2022 · 7 moBroke below the range at $12.46—

Retest signals

  • 13 Nov 2023 · 8 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.