Overall SCNX gets a technical rating of 1 out of 10. SCNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SCNX is a bad performer in the overall market: 94% of all stocks are doing better.
- SCNX is one of the lesser performing stocks in the Health Care Technology industry. 76% of 35 stocks in the same industry do better.
- SCNX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SCNX has a been trading in the 0.49 - 0.60 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- SCNX has an average volume of 2225090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SCNX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for SCNX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.49
When analyzing the support we can see 3 important areas.
- Support @0.51 from a horizontal line in the daily time frame.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.49 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.54 from a trend line in the daily time frame.
- A resistance zone ranging from 0.57 to 0.57. 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 | DOWN | NEGATIVE | The long term trend for SCNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCNX is down. |
| ChartMill Relative Strength | 6.3 | NEGATIVE | SCNX has a low relative strength, it was outperformed by 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for SCNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SCNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.26 | NEUTRAL | The Stochastics value for SCNX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for SCNX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for SCNX suggests a possible start of a new trend. |
0.53
+0.01 (+1.4%)
SCIENTURE HOLDINGS INC / SCNX FAQ
What is the ChartMill technical rating of SCIENTURE HOLDINGS INC (SCNX) stock?
ChartMill assigns a technical rating of 1 / 10 to SCNX.
What is the trend direction for SCNX stock?
The current trend direction for SCIENTURE HOLDINGS INC (SCNX) is Bearish.
What is the RSI signal for SCIENTURE HOLDINGS INC (SCNX) stock?
SCIENTURE HOLDINGS INC (SCNX) has an RSI value of 46.1249. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SCIENTURE HOLDINGS INC?
The MACD indicator for SCIENTURE HOLDINGS INC (SCNX) has a value of 0.005883, indicating a bearish trend.
What is the support and resistance level for SCNX stock?
SCIENTURE HOLDINGS INC (SCNX) has a support level at 0.51 and a resistance level at 0.54. Check the full technical report for our detailed analysis of SCNX support and resistance levels.