Sina Corp (SINA) Stock Technical Analysis
NASDAQ:SINA - Nasdaq -
We assign a technical rating of 5 out of 10 to SINA. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SINA is a bad performer.
SINA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.18, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
41.30
When analyzing the support we notice one important area.
- A support zone ranging from 41.72 to 43.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.29 to 43.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
43.26
-0.05 (-0.12%)