SANA BIOTECHNOLOGY INC (SANA) Stock Technical Analysis
NASDAQ:SANA - Nasdaq - US7995661045 - Common Stock - Currency: USD
Taking everything into account, SANA scores 3 out of 10 in our technical rating. In the past year, SANA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
94% of all other stocks performed better in the past year than SANA.
SANA is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 66% are performing better 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.
In the last month SANA has a been trading in the 1.60 - 2.35 range, which is quite wide. It is currently trading near the high of this range.
SANA has an average volume of 3739940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SANA has a poor technical rating and the quality of the setup is also not perfect 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
1.77
4.40
When analyzing the support we notice one important area.
- A support zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @2.21 from a horizontal line in the weekly time frame.
- Resistance @2.28 from a horizontal line in the daily time frame.
- Resistance @2.33 from a trend line in the daily time frame.
- Resistance @3.89 from a trend line in the daily time frame.
- Resistance @4.23 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for SANA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SANA is up. |
| ChartMill Relative Strength | 6.67 | NEGATIVE | SANA has a low relative strength, it was outperformed by 93.33% 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) | DOWN | MIXED | The current price of SANA is above a declining 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) | 60.12 | NEUTRAL | The RSI value for SANA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SANA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.78 | OVERBOUGHT | The high Stochastics value suggests SANA may be overbought. |
| Average True Range in percent/ATR (20) | 9.35 | HIGH VOLATILITY | The high ATR as a percentage value for SANA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for SANA suggests a possible start of a new 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)
2.2
+0.03 (+1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.38%
1 Week10.55%
2 Weeks26.07%
1 Month16.4%
3 Month-14.73%
6 Month-4.35%
12 Month-68.48%
2 Year-63.09%
3 Year-65.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%9.35%
ATR Inc-28.32%
Range Today0.17
ADR(20)0.2
ADR(20)%9.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.67
Mansfield-3.86
10 Day High2.35
10 Day Low1.63
20 Day High2.35
20 Day Low1.6
52 Week High7.4
52 Week Low1.26
CS1 End1.81
CR1 Start2.21
Volume & EV
DER(3)-4.99%
DER(5)-1.08%
Volume2.63M
Volume Incr22.9%
Vol(5)4.20M
Vol(50)3.74M