SCIENCE 37 HOLDINGS INC (SNCE) Stock Technical Analysis
NASDAQ:SNCE - Nasdaq - US8086442071 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SNCE. Recently some decent action could be observed, but in the medium term time frame this is still negative. SNCE was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, SNCE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.16
We found 2 important support areas.
- A support zone ranging from 5.57 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.76 to 5.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SNCE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNCE is up. |
| ChartMill Relative Strength | 29.18 | NEGATIVE | SNCE has a low relative strength, it was outperformed by 70.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.59 | NEUTRAL | The RSI value for SNCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SNCE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests SNCE may be overbought. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for SNCE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.9 | NEGATIVE | The low ADX value for SNCE suggests a weak or negative trend. |
5.75
+0.02 (+0.35%)