We assign a technical rating of 7 out of 10 to SION. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SION is a bad performer.
Although SION has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.70
2 important support areas can be observed.
- A support zone ranging from 38.12 to 38.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @30.00 from a trend line in the daily time frame.
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 SION is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SION is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SION has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of SION is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 71.33 | OVERBOUGHT | The high RSI value suggests SION may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SION has a positive trend. |
| Stochastics (14,3) | 73.51 | NEUTRAL | The Stochastics value for SION is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for SION suggests high volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for SION suggests a possible start of a new trend. |
43.66
+4.72 (+12.12%)
SIONNA THERAPEUTICS INC / SION FAQ
What is the ChartMill technical rating of SIONNA THERAPEUTICS INC (SION) stock?
ChartMill assigns a technical rating of 7 / 10 to SION.
Can you provide the trend direction for SIONNA THERAPEUTICS INC?
The current trend direction for SIONNA THERAPEUTICS INC (SION) is Bullish.
Can you provide the RSI signal for SIONNA THERAPEUTICS INC?
SIONNA THERAPEUTICS INC (SION) has an RSI value of 71.3335. This indicates that the stock is currently overbought.
What is the MACD signal for SION stock?
The MACD indicator for SIONNA THERAPEUTICS INC (SION) has a value of 0.255559, indicating a bearish trend.
Can you provide the short term momentum for SIONNA THERAPEUTICS INC?
The short term momentum for SIONNA THERAPEUTICS INC (SION) is positive.