SANA BIOTECHNOLOGY INC (SANA) Stock Technical Analysis
NASDAQ:SANA - Nasdaq - US7995661045 - Common Stock - Currency: USD
Overall SANA gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SANA was also a bad performer in the overall market in the last year.
86% of all other stocks performed better in the past year than SANA.
SANA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SANA is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SANA has a been trading in the 1.81 - 3.08 range, which is quite wide. It is currently trading near the high of this range.
SANA has an average volume of 3547850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SANA is an average performer in the Biotechnology industry, it outperforms 53% of 558 stocks in the same industry.
Volume is considerably higher in the last couple of days.
SANA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.82. Right above this resistance zone may be a good entry point.
More info and screens
1.93
4.40
We found 2 important support areas.
- Support @2.51 from a horizontal line in the daily time frame.
- Support @1.95 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.82 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.92 to 2.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.83 from a trend line in the daily time frame.
- Resistance @4.36 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SANA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SANA is up. |
| ChartMill Relative Strength | 14.9 | NEGATIVE | SANA has a low relative strength, it was outperformed by 85.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SANA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SANA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SANA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.21 | NEUTRAL | The RSI value for SANA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SANA has a negative trend. |
| Stochastics (14,3) | 63.95 | NEUTRAL | The Stochastics value for SANA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for SANA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.64 | POSITIVE | The high ADX value value for SANA suggests a strong trend. |
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)
2.61
-0.15 (-5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.43%
1 Week2.76%
2 Weeks2.35%
1 Month33.16%
3 Month12.99%
6 Month58.18%
12 Month-52.63%
2 Year-56.21%
3 Year-59.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%9.42%
ATR Inc2.18%
Range Today0.25
ADR(20)0.24
ADR(20)%9.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.9
Mansfield-2.45
10 Day High3.08
10 Day Low2.41
20 Day High3.08
20 Day Low1.81
52 Week High7.4
52 Week Low1.26
CS1 End2.51
CR1 Start2.82
Volume & EV
DER(3)0.35%
DER(5)1.82%
Volume11.69M
Volume Incr26.21%
Vol(5)5.05M
Vol(50)3.55M