Seneca Biopharm Inc (SNCA) Stock Technical Analysis
NASDAQ:SNCA - Nasdaq -
Overall SNCA gets a technical rating of 7 out of 10. 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.
The long and short term trends are both positive. This is looking good!
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.
When comparing the yearly performance of all stocks, we notice that SNCA is one of the better performing stocks in the market, outperforming 86% of all 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 currently trading near new highs, so SNCA is lagging the market.
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.
Although SNCA has an excellent technical rating, it does not offer a high 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.
More info and screens
1.39
2.08
2 important support areas can be observed.
- 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. |
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)
1.66
-0.02 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.19%
1 Week12.16%
2 Weeks11.41%
1 Month11.41%
3 Month12.93%
6 Month195.11%
12 Month140.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.91%
ATR Inc11.01%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.73
Mansfield4.54
10 Day High1.88
10 Day Low1.34
20 Day High1.89
20 Day Low1.34
52 Week High2.67
52 Week Low0.5
CS1 End1.46
CR1 Start1.69
Volume & EV
DER(3)-2.55%
DER(5)-3.27%
Volume1.16M
Volume Incr-5.3%
Vol(5)2.09M
Vol(50)3.45M