Structural break signals
SBSW qualifies for the Red List on decline depth.
The structural read
What price action says about SBSW.
SBSW qualifies for the Red List on decline depth — down -36.4% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (red), weekly 1 (red), monthly 1 (green).
Earnings on file: 2026-02-20. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
Sector context · Basic Materials
47 other Basic Materials tickers are on Broken Stocks.
Worst in sector: METC (-73.7%). Least-bad: OR (-20.0%). See all Basic Materials listings →
Questions about SBSW
What people ask.
Why is SBSW on Broken Stocks?
SBSW qualifies for the Red List on decline depth. It is down -36.4% from its rolling 252-day high of $20.69, set on 2026-01-29 — 105d ago.
Is SBSW a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. SBSW is down -36.4% from its 52-week high of $20.69, set 105d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is SBSW a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is SBSW trading inside its 52-week range?
At $13.16, SBSW sits 55.1% of the way from its 52-week low ($3.18) to its 52-week high ($21.29). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has SBSW been declining?
The current 36.4% decline accrued over 105d, which annualizes to roughly -126.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does SBSW compare to its sector?
There are 47 other Basic Materials tickers on Broken Stocks: 17 Red, 7 Amber, 23 Watch, with 12 showing recovering structural signals. Median sector decline is -28.3% — SBSW's decline is deeper than the sector median.
Does SBSW's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-02-20) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.