SANA BIOTECHNOLOGY INC (SANA) Stock Technical Analysis
USA - NASDAQ:SANA - US7995661045 - Common Stock
4.32 USD
-0.13 (-2.92%)
4.14 USD
-0.18 (-4.17%)
We assign a technical rating of 8 out of 10 to SANA. Although SANA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SANA has a been trading in the 2.93 - 4.82 range, which is quite wide. It is currently trading near the high of this range.
SANA has an average volume of 4750330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SANA turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
SANA is an average performer in the Biotechnology industry, it outperforms 53% of 536 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SANA has an excellent technical rating, it does not offer a high quality setup 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
2.89
5.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.29 to 3.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.01 from a trend line in the daily time frame.
- A support zone ranging from 2.92 to 2.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @4.54 from a horizontal line in the daily time frame.
- Resistance @4.64 from a trend line in the weekly time frame.
- Resistance @4.96 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SANA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SANA is up. |
| ChartMill Relative Strength | 63.12 | NEUTRAL | SANA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SANA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.82 | NEUTRAL | The RSI value for SANA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SANA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.94 | NEUTRAL | The Stochastics value for SANA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for SANA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.74 | 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)
4.32
-0.13 (-2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.92%
1 Week9.09%
2 Weeks29.34%
1 Month34.16%
3 Month3.35%
6 Month145.46%
12 Month8.27%
2 Year45.95%
3 Year-25.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%6.41%
ATR Inc31.11%
Range Today0.43
ADR(20)0.27
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.12
Mansfield4.05
10 Day High4.82
10 Day Low3.28
20 Day High4.82
20 Day Low2.93
52 Week High7.3
52 Week Low1.26
CS1 End3.3
CR1 Start4.54
Volume & EV
DER(3)-0.74%
DER(5)-2.17%
Volume4.69M
Volume Incr19.24%
Vol(5)4.31M
Vol(50)4.75M