SANA BIOTECHNOLOGY INC (SANA) Stock Technical Analysis
NASDAQ:SANA - Nasdaq - US7995661045 - Common Stock - Currency: USD
Overall SANA gets a technical rating of 8 out of 10. Both in the recent history as in the last year, SANA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SANA is part of the Biotechnology industry. There are 551 other stocks in this industry. SANA outperforms 87% of them.
SANA has an average volume of 5123950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SANA is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SANA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SANA is lagging the market.
In the last month SANA has a been trading in the 3.77 - 5.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SANA has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.86
4.30
When analyzing the support we notice one important area.
- A support zone ranging from 3.90 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SANA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SANA is neutral. |
| ChartMill Relative Strength | 93.48 | POSITIVE | SANA has a high relative strength, it outperformed 93.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SANA is below 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) | UP | POSITIVE | The current price of SANA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.53 | NEUTRAL | The RSI value for SANA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SANA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.93 | OVERSOLD | The low Stochastics value suggests SANA may be oversold. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for SANA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.59 | 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)
4.26
+0.03 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.71%
1 Week-4.27%
2 Weeks-12.53%
1 Month9.51%
3 Month134.07%
6 Month42.47%
12 Month-13.24%
2 Year-20.37%
3 Year-37.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%8.46%
ATR Inc-11.03%
Range Today0.19
ADR(20)0.36
ADR(20)%8.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.48
Mansfield2.76
10 Day High5.33
10 Day Low3.85
20 Day High5.33
20 Day Low3.77
52 Week High7.3
52 Week Low1.26
CS1 End3.9
CR1 StartN/A
Volume & EV
DER(3)2.23%
DER(5)0.8%
Volume2.43M
Volume Incr-43.9%
Vol(5)3.40M
Vol(50)5.12M