We assign a technical rating of 7 out of 10 to SNCA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNCA is showing a nice and steady performance.
Although SNCA 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
1.39
We found 2 important support areas.
- Support @1.46 from a trend line in the daily time frame.
- Support @1.40 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.69 to 1.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.06 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 | UP | POSITIVE | The long term trend for SNCA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNCA is up. |
| ChartMill Relative Strength | 86.73 | POSITIVE | SNCA has a high relative strength, it outperformed 86.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNCA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SNCA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNCA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.38 | NEUTRAL | The RSI value for SNCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SNCA has a positive trend. |
| Stochastics (14,3) | 55.29 | NEUTRAL | The Stochastics value for SNCA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for SNCA suggests high volalility. |
1.66
-0.02 (-1.19%)
Seneca Biopharm Inc / SNCA FAQ
What is the ChartMill technical rating of Seneca Biopharm Inc (SNCA) stock?
ChartMill assigns a technical rating of 6 / 10 to SNCA.
What is the current trend direction of Seneca Biopharm Inc (SNCA) stock?
The current trend direction for Seneca Biopharm Inc (SNCA) is Bullish.
What is the RSI signal for Seneca Biopharm Inc (SNCA) stock?
Seneca Biopharm Inc (SNCA) has an RSI value of 53.3758. This indicates that the stock is currently neutral.
What is the short term momentum for Seneca Biopharm Inc (SNCA) stock?
The short term momentum for Seneca Biopharm Inc (SNCA) is positive.
Can you provide the buy/sell signal for Seneca Biopharm Inc?
The buy/sell signal for Seneca Biopharm Inc (SNCA) is buy as both the short term and long term trends are positive.