SENSEONICS HOLDINGS INC (SENS) Stock Technical Analysis
NASDAQ:SENS • US81727U3032
Overall SENS gets a technical rating of 5 out of 10. In the past year, SENS 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.
- When comparing the yearly performance of all stocks, SENS is a bad performer in the overall market: 73% of all stocks are doing better.
- SENS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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 SENS has a been trading in the 6.62 - 8.75 range, which is quite wide. It is currently trading near the high of this range.
- SENS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 61% of 185 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, SENS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SENS 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.
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5.37
4 important support areas can be observed.
- A support zone ranging from 7.47 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.52 from a trend line in the weekly time frame.
- Support @5.83 from a trend line in the daily time frame.
- Support @5.42 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.17 to 8.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.61 from a trend line 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 SENS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SENS is up. |
| ChartMill Relative Strength | 27.4 | NEGATIVE | SENS has a low relative strength, it was outperformed by 72.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SENS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SENS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SENS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.33 | NEUTRAL | The RSI value for SENS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SENS has a positive trend. |
| Stochastics (14,3) | 67.99 | NEUTRAL | The Stochastics value for SENS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for SENS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for SENS suggests a possible start of a new trend. |
8.16
-0.05 (-0.61%)
SENSEONICS HOLDINGS INC / SENS FAQ
Can you provide the ChartMill technical rating for SENSEONICS HOLDINGS INC?
ChartMill assigns a technical rating of 5 / 10 to SENS.
Can you provide the trend direction for SENSEONICS HOLDINGS INC?
The current trend direction for SENSEONICS HOLDINGS INC (SENS) is Bearish.
What is the RSI signal for SENS stock?
SENSEONICS HOLDINGS INC (SENS) has an RSI value of 61.3274. This indicates that the stock is currently neutral.
What is the short term momentum for SENSEONICS HOLDINGS INC (SENS) stock?
The short term momentum for SENSEONICS HOLDINGS INC (SENS) is positive.