NASDAQ:SNAL - US83301J1007 - Common Stock
Overall SNAL gets a technical rating of 1 out of 10. SNAL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, SNAL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.91, a Stop Loss order could be placed below this zone.
0.76
We found 2 important support areas.
We can see 3 important resistance areas.
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 SNAL is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNAL is down. |
ChartMill Relative Strength | 72.03 | POSITIVE | SNAL has a high relative strength, it outperformed 72.03% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNAL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 40.64 | NEUTRAL | The RSI value for SNAL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SNAL has a positive trend. |
Stochastics (14,3) | 9.76 | OVERSOLD | The low Stochastics value suggests SNAL may be oversold. |
Average True Range in percent/ATR (20) | 8.94 | HIGH VOLATILITY | The high ATR as a percentage value for SNAL suggests high volalility. |
Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for SNAL suggests a weak or negative trend. |
0.96
+0.05 (+5.4%)