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.
Besides having an excellent technical rating, SION also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
28.21
We found 3 important support areas.
- Support @43.15 from a trend line in the daily time frame.
- Support @38.95 from a horizontal line in the daily time frame.
- Support @28.49 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SION is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.9 | NEUTRAL | The RSI value for SION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SION has a positive trend. |
| Stochastics (14,3) | 83.35 | OVERBOUGHT | The high Stochastics value suggests SION may be overbought. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for SION suggests high volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for SION suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.00 | 43.14 | 1.86 (4.13%) | 24.19% |
| An entry @45.00. This is a Buy Stop order right above the 10 day high. | An exit @43.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.86 points, which is 4.13%. | For a 1.00% total portfolio risk, you can invest 24.19% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SION. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
44.21
+1.12 (+2.6%)
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 65.9043. This indicates that the stock is currently neutral.
What is the MACD signal for SION stock?
The MACD indicator for SIONNA THERAPEUTICS INC (SION) has a value of 0.00106627, 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.