Seneca Biopharm Inc (SNCA) Technical Analysis
NASDAQ:SNCA
Current stock price
SNCA Technical Rating and Analysis
Taking everything into account, SNCA scores 7 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, SNCA is showing a nice and steady performance.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- SNCA has an average volume of 3447180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SNCA did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- SNCA 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 SNCA is lagging the market slightly.
- In the last month SNCA has a been trading in the 1.34 - 1.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNCA Weekly and Daily overview Charts
SNCA Setup Rating and Analysis
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.
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SNCA Support and Resistance Analysis
1.39
When analyzing the support we can see 2 important 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.
When analyzing the resistance we notice 2 important areas.
- 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.
SNCA 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 | 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. |
SNCA Chart- and CandleStick Pattern Analysis
SNCA Technicals: Chart, Performance Metrics, Trend & Indicators
1.66
-0.02 (-1.19%)
Seneca Biopharm Inc / SNCA TA 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 trend direction for SNCA stock?
The current trend direction for Seneca Biopharm Inc (SNCA) is Bullish.
Can you provide the RSI signal for Seneca Biopharm Inc?
Seneca Biopharm Inc (SNCA) has an RSI value of 53.3758. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Seneca Biopharm Inc?
The MACD indicator for Seneca Biopharm Inc (SNCA) has a value of 0.00638882, indicating a bearish trend.
What is the short term momentum for Seneca Biopharm Inc (SNCA) stock?
The short term momentum for Seneca Biopharm Inc (SNCA) is positive.