154.34 USD
+0.32 (+0.21%)
154.34 USD
0 (0%)
We assign a technical rating of 9 out of 10 to SANM. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SANM is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by SANM over the past year are nicely spread over this period.
SANM is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. SANM outperforms 91% of them.
SANM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SANM is lagging the market slightly.
In the last month SANM has a been trading in the 141.01 - 177.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SANM has an excellent technical rating, it does not present a decent entry opportunity 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
134.31
179.54
We found 3 important support areas.
- A support zone ranging from 151.51 to 152.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 142.86 to 145.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 135.67 to 136.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 176.64 to 177.76. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SANM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SANM is neutral. |
| ChartMill Relative Strength | 95.2 | POSITIVE | SANM has a high relative strength, it outperformed 95.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SANM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SANM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SANM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.11 | NEUTRAL | The RSI value for SANM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests SANM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.58 | NEUTRAL | The Stochastics value for SANM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for SANM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for SANM suggests a weak or negative 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)
154.34
+0.32 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.21%
1 Week6.45%
2 Weeks-12.62%
1 Month-0.8%
3 Month35.26%
6 Month57.38%
12 Month101.38%
2 Year200.45%
3 Year169.4%
5 Year383.98%
10 Year649.95%
15 Year1244.43%
Volatility
ATR(14)8.12
ATR(20)%4.84%
ATR Inc-63.29%
Range Today2.38
ADR(20)7.31
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.2
3 months CRS94.71
6 months CRS92.44
Mansfield3.28
10 Day High176.12
10 Day Low141.01
20 Day High177
20 Day Low141.01
52 Week High178.39
52 Week Low63.67
CS1 End152.16
CR1 Start176.64
Volume & EV
DER(3)-4.15%
DER(5)-2.65%
Volume318.70K
Volume Incr-16.9%
Vol(5)578.18K
Vol(50)721.10K
SANMINA CORP / SANM FAQ
What is the ChartMill technical rating of SANMINA CORP (SANM) stock?
ChartMill assigns a technical rating of 9 / 10 to SANM.
What is the trend direction for SANM stock?
The current trend direction for SANMINA CORP (SANM) is Bullish.
What is the RSI signal for SANMINA CORP (SANM) stock?
SANMINA CORP (SANM) has an RSI value of 50.1099. This indicates that the stock is currently neutral.
What is the MACD signal for SANM stock?
The MACD indicator for SANMINA CORP (SANM) has a value of -0.955851, indicating a bearish trend.
What is the short term momentum for SANMINA CORP (SANM) stock?
The short term momentum for SANMINA CORP (SANM) is neutral.