SN Technical Analysis - SHARKNINJA INC

Technical Rating and Analysis

Overall SN gets a technical rating of 0 out of 10. SN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

88% of all other stocks performed better in the past year than SN.

SN is part of the Household Durables industry. There are 61 other stocks in this industry, of which 63% are performing better than SN.

SN has an average volume of 1619400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

SN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SN is lagging the market.

In the last month SN has a been trading in the 87.89 - 107.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of SN is bad and it also does not present a quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

70.56

121.54

When analyzing the support we can see 5 important areas.

A support zone ranging from 93.92 to 95.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @89.79 from a trend line in the daily time frame.
A support zone ranging from 88.37 to 88.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @80.17 from a trend line in the weekly time frame.
Support @71.27 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

Resistance @120.34 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for SN is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SN is down.
ChartMill Relative Strength	12.22	NEGATIVE	SN has a low relative strength, it was outperformed by 87.78% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of SN is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SN is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SN is below a declining SMA(200).
Relative Strength Index/RSI (14)	32.01	NEUTRAL	The RSI value for SN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.49	POSITIVE	The MACD value suggests SN has a positive trend, although the MACD value is declining.
Stochastics (14,3)	31.72	NEUTRAL	The Stochastics value for SN is a neutral value.
Average True Range in percent/ATR (20)	3.91	MEDIUM VOLATILITY	The ATR as a percentage value for SN suggests some volalility.
Average Directional Index/ADX (14)	44.17	POSITIVE	The high ADX value value for SN suggests a strong trend.