SCIENTURE HOLDINGS INC (SCNX) Stock Technical Analysis
NASDAQ:SCNX - Nasdaq - US80880X1046 - Common Stock - Currency: USD
Taking everything into account, SCNX scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SCNX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SCNX is a bad performer in the overall market: 100% of all stocks are doing better.
SCNX is part of the Health Care Technology industry. There are 35 other stocks in this industry, of which 91% are performing better than SCNX.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SCNX has a been trading in the 0.95 - 2.22 range, which is quite wide. It is currently trading near the high of this range.
SCNX has an average technical rating and it also 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
1.00
2.23
2 important support areas can be observed.
- A support zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.01 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.03 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.12 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.19 to 2.21. 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 | NEUTRAL | NEUTRAL | The long term trend for SCNX is neutral. |
| 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.08 | NEUTRAL | The RSI value for SCNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SCNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.73 | NEUTRAL | The Stochastics value for SCNX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for SCNX suggests high volalility. |
| Average Directional Index/ADX (14) | 51.74 | POSITIVE | The high ADX value value for SCNX 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)
2.01
+0.02 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.01%
1 Week-6.07%
2 Weeks21.82%
1 Month114.86%
3 Month111.36%
6 Month-48.06%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%8.85%
ATR Inc-8.59%
Range Today0.18
ADR(20)0.17
ADR(20)%8.7%
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 High2.22
10 Day Low1.61
20 Day High2.22
20 Day Low0.95
52 Week HighN/A
52 Week LowN/A
CS1 End2
CR1 Start2.03
Volume & EV
DER(3)-14.76%
DER(5)-11.66%
Volume110.70K
Volume Incr-32.16%
Vol(5)168.68K
Vol(50)176.39K