Overall SINA gets a technical rating of 5 out of 10. 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.
Although the technical rating is only medium, SINA does present a nice setup opportunity. 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.
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 | UP | POSITIVE | The long term trend for SINA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SINA is up. |
| ChartMill Relative Strength | 28.91 | NEGATIVE | SINA has a low relative strength, it was outperformed by 71.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SINA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SINA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SINA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.98 | NEUTRAL | The RSI value for SINA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SINA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.47 | OVERBOUGHT | The high Stochastics value suggests SINA may be overbought. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for SINA suggests low volalility. |
43.26
-0.05 (-0.12%)
Sina Corp / SINA FAQ
What is the ChartMill technical rating of Sina Corp (SINA) stock?
ChartMill assigns a technical rating of 5 / 10 to SINA.
Can you provide the trend direction for Sina Corp?
The current trend direction for Sina Corp (SINA) is Bullish.
What is the RSI signal for SINA stock?
Sina Corp (SINA) has an RSI value of 55.9843. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Sina Corp?
The buy/sell signal for Sina Corp (SINA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SINA stock?
Sina Corp (SINA) has a support level at 43.18 and a resistance level at 43.29. Check the full technical report for our detailed analysis of SINA support and resistance levels.