SCIENTURE HOLDINGS INC (SCNX) Stock Technical Analysis
NASDAQ:SCNX - Nasdaq - US80880X1046 - Common Stock - Currency: USD
Taking everything into account, SCNX scores 4 out of 10 in our technical rating. In the past year, SCNX 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.
100% of all other stocks performed better in the past year than SCNX.
SCNX is one of the lesser performing stocks in the Health Care Technology industry. 91% of 36 stocks in the same industry do better.
In the last month SCNX has a been trading in the 0.88 - 1.58 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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.
SCNX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.87
1.48
2 important support areas can be observed.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.88 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.46 to 1.47. 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 | UP | POSITIVE | The short term trend for SCNX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SCNX has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of SCNX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 72.12 | OVERBOUGHT | The high RSI value suggests SCNX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SCNX has a positive trend. |
| Stochastics (14,3) | 88.18 | OVERBOUGHT | The high Stochastics value suggests SCNX may be overbought. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for SCNX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.41 | NEUTRAL | The ADX value for SCNX 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)
1.45
-0.01 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.68%
1 Week48.29%
2 Weeks45.74%
1 Month54.34%
3 Month50.65%
6 Month-76.03%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.58%
ATR Inc88.53%
Range Today0.11
ADR(20)0.12
ADR(20)%8.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.58
10 Day Low0.88
20 Day High1.58
20 Day Low0.88
52 Week HighN/A
52 Week LowN/A
CS1 End0.93
CR1 Start0.95
Volume & EV
DER(3)-6.51%
DER(5)-10.34%
Volume173.60K
Volume Incr78.88%
Vol(5)227.54K
Vol(50)113.60K