Sina Corp (SINA) Stock Technical Analysis
NASDAQ:SINA
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.
- When comparing the yearly performance of all stocks, SINA is a bad performer in the overall market: 72% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- SINA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SINA is lagging the market slightly.
- In the last month SINA has a been trading in a tight range between 42.60 and 43.51.
- Volume is considerably higher in the last couple of days.
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
We found 1 important support 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.
We found 1 important resistance 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.
What is the trend direction for SINA stock?
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.
What is the MACD signal for SINA stock?
The MACD indicator for Sina Corp (SINA) has a value of -0.00615676, indicating a bearish trend.
What is the short term momentum for Sina Corp (SINA) stock?
The short term momentum for Sina Corp (SINA) is positive.