SHARKNINJA INC (SN) Stock Technical Analysis
NYSE:SN - New York Stock Exchange, Inc. - KYG8068L1086 - Common Stock - Currency: USD
Taking everything into account, SN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SN is one of the better performing stocks in the market, outperforming 92% of all stocks.
SN is part of the Household Durables industry. There are 63 other stocks in this industry. SN outperforms 95% of them.
SN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SN is lagging the market slightly.
In the last month SN has a been trading in the 88.63 - 115.50 range, which is quite wide. It is currently trading near the high of this range.
SN has an average volume of 1772600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SN has an excellent technical rating, it does not present a decent entry opportunity 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
70.56
116.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 110.51 to 110.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @90.38 from a trend line in the daily time frame.
- Support @88.15 from a trend line in the weekly time frame.
- Support @76.06 from a trend line in the weekly time frame.
- Support @71.27 from a horizontal line in the weekly 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 SN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SN is up. |
| ChartMill Relative Strength | 92.73 | POSITIVE | SN has a high relative strength, it outperformed 92.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.97 | OVERBOUGHT | The high RSI value suggests SN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests SN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.36 | OVERBOUGHT | The high Stochastics value suggests SN may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for SN suggests some volalility. |
| Average Directional Index/ADX (14) | 35.24 | POSITIVE | The high ADX value value for SN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
115.06
+0.1 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.09%
1 Week3.67%
2 Weeks7.29%
1 Month29.05%
3 Month55.07%
6 Month5.25%
12 Month61.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.53
ATR(20)%2.91%
ATR Inc1.66%
Range Today1.97
ADR(20)3.21
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.73
Mansfield1.03
10 Day High115.5
10 Day Low104.47
20 Day High115.5
20 Day Low88.63
52 Week High123
52 Week Low60.5
CS1 End110.51
CR1 StartN/A
Volume & EV
DER(3)-0.41%
DER(5)-0.1%
Volume973.60K
Volume Incr-24.31%
Vol(5)1.38M
Vol(50)1.77M