SESEN BIO INC (SESN) Stock Technical Analysis
NASDAQ:SESN - Nasdaq - US8177631053 - Common Stock - Currency: USD
Taking everything into account, SESN scores 6 out of 10 in our technical rating. In the last year, SESN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
SESN is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 561 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SESN has an average volume of 1174710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that SESN is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SESN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SESN is lagging the market slightly.
In the last month SESN has a been trading in the 0.53 - 0.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SESN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.64. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SESN 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
0.44
0.67
When analyzing the support we can see 7 important areas.
- Support @0.63 from a trend line in the daily time frame.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.58 from a horizontal line in the daily time frame.
- Support @0.56 from a trend line in the daily time frame.
- Support @0.55 from a horizontal line in the weekly time frame.
- Support @0.51 from a trend line in the daily time frame.
- Support @0.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.64 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90
Mansfield0.42
10 Day High0.64
10 Day Low0.53
20 Day High0.64
20 Day Low0.53
52 Week High0.97
52 Week Low0.37
Performance
1 Week8.41%
2 Weeks8.75%
1 Month8.32%
3 Month18.64%
6 Month-3.71%
12 Month0.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.6
LBB0.56
UBB0.63
0.6288
+0.04 (+7.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.29%
1 Week8.41%
2 Weeks8.75%
1 Month8.32%
3 Month18.64%
6 Month-3.71%
12 Month0.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.25%
ATR Inc103.39%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90
Mansfield0.42
10 Day High0.64
10 Day Low0.53
20 Day High0.64
20 Day Low0.53
52 Week High0.97
52 Week Low0.37
CS1 End0.63
CR1 Start0.64
Volume & EV
DER(3)10.04%
DER(5)7.07%
Volume1.87M
Volume Incr225.84%
Vol(5)2.99M
Vol(50)1.17M