SIO GENE THERAPIES INC (SIOX) Technical Analysis
NASDAQ:SIOX • US8293991043
Overall SIOX gets a technical rating of 3 out of 10. SIOX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 82% of all other stocks performed better in the past year than SIOX.
- SIOX is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 62% are performing better than SIOX.
- In the last month SIOX has a been trading in the 0.40 - 0.43 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- SIOX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIOX is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
SIOX has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.30
We found 2 important support areas.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.30 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @0.42 from a trend line in the weekly time frame.
- Resistance @0.45 from a horizontal line in the daily time frame.
- Resistance @0.46 from a horizontal line in the weekly time frame.
- Resistance @0.47 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SIOX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIOX is neutral. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | SIOX has a low relative strength, it was outperformed by 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIOX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIOX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.29 | NEUTRAL | The RSI value for SIOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SIOX has a positive trend. |
| Stochastics (14,3) | 28.88 | NEUTRAL | The Stochastics value for SIOX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for SIOX suggests low volalility. |
| Average Directional Index/ADX (14) | 12.38 | NEGATIVE | The low ADX value for SIOX suggests a weak or negative trend. |
SIOX Technicals: Chart, Performance Metrics, Trend & Indicators
0.415
+0.01 (+2.09%)
SIO GENE THERAPIES INC / SIOX FAQ
What is the ChartMill technical rating of SIO GENE THERAPIES INC (SIOX) stock?
ChartMill assigns a technical rating of 3 / 10 to SIOX.
What is the trend direction for SIOX stock?
The current trend direction for SIO GENE THERAPIES INC (SIOX) is Bearish.
What is the RSI signal for SIO GENE THERAPIES INC (SIOX) stock?
SIO GENE THERAPIES INC (SIOX) has an RSI value of 51.2941. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIO GENE THERAPIES INC?
The MACD indicator for SIO GENE THERAPIES INC (SIOX) has a value of 0.000691496, indicating a bearish trend.
What is the support and resistance level for SIOX stock?
SIO GENE THERAPIES INC (SIOX) has a support level at 0.41 and a resistance level at 0.42. Check the full technical report for our detailed analysis of SIOX support and resistance levels.