SIONNA THERAPEUTICS INC (SION) Technical Analysis
NASDAQ:SION • US8294011080
Current stock price
SION Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SION. Although SION is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, SION did better than 96% of all other stocks. On top of that, SION also shows a nice and consistent pattern of rising prices.
- SION is part of the Biotechnology industry. There are 517 other stocks in this industry. SION outperforms 87% of them.
- SION is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SION is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month SION has a been trading in the 32.56 - 39.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SION Weekly and Daily overview Charts
SION Setup Rating and Analysis
Although the technical rating is only medium, SION does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
SION Support and Resistance Analysis
33.57
When analyzing the support we can see 2 important areas.
- Support @35.48 from a horizontal line in the weekly time frame.
- A support zone ranging from 33.91 to 34.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 36.67 to 36.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.33 to 38.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.21 from a horizontal line in the daily time frame.
SION Technical Indicator Signal Analysis
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 SION is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SION is neutral. |
| ChartMill Relative Strength | 96.18 | POSITIVE | SION has a high relative strength, it outperformed 96.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SION is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SION is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SION is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for SION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SION has a positive trend. |
| Stochastics (14,3) | 43.23 | NEUTRAL | The Stochastics value for SION is a neutral value. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for SION suggests high volalility. |
| Average Directional Index/ADX (14) | 19.56 | NEGATIVE | The low ADX value for SION suggests a weak or negative trend. |
SION Chart- and CandleStick Pattern Analysis
SION Technicals: Chart, Performance Metrics, Trend & Indicators
36.39
+0.9 (+2.54%)
SIONNA THERAPEUTICS INC / SION TA FAQ
What is the technical rating for SION stock?
ChartMill assigns a technical rating of 6 / 10 to SION.
What is the trend direction for SION stock?
The current trend direction for SIONNA THERAPEUTICS INC (SION) is Bearish.
Can you provide the RSI signal for SIONNA THERAPEUTICS INC?
SIONNA THERAPEUTICS INC (SION) has an RSI value of 48.1132. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIONNA THERAPEUTICS INC?
The MACD indicator for SIONNA THERAPEUTICS INC (SION) has a value of 0.0610196, indicating a bearish trend.