SUN COUNTRY AIRLINES HOLDING (SNCY) Stock Technical Analysis
USA - NASDAQ:SNCY - US8666831057 - Common Stock
Overall SNCY gets a technical rating of 4 out of 10. SNCY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
SNCY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.56, a Stop Loss order could be placed below this zone.
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10.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.91 to 12.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.15 from a trend line in the weekly time frame.
- A support zone ranging from 10.76 to 10.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.47 to 13.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.88 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 | NEUTRAL | NEUTRAL | The long term trend for SNCY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNCY is up. |
| ChartMill Relative Strength | 27.42 | NEGATIVE | SNCY has a low relative strength, it was outperformed by 72.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SNCY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SNCY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.18 | NEUTRAL | The RSI value for SNCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SNCY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.7 | OVERBOUGHT | The high Stochastics value suggests SNCY may be overbought. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for SNCY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for SNCY suggests a weak or negative trend. |
12.61
-0.1 (-0.79%)
SUN COUNTRY AIRLINES HOLDING / SNCY FAQ
Can you provide the ChartMill technical rating for SUN COUNTRY AIRLINES HOLDING?
ChartMill assigns a technical rating of 4 / 10 to SNCY.
What is the current trend direction of SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
The current trend direction for SUN COUNTRY AIRLINES HOLDING (SNCY) is Bearish.
What is the RSI signal for SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
SUN COUNTRY AIRLINES HOLDING (SNCY) has an RSI value of 57.1804. This indicates that the stock is currently neutral.
What is the MACD signal for SNCY stock?
The MACD indicator for SUN COUNTRY AIRLINES HOLDING (SNCY) has a value of 0.11772, indicating a bearish trend.
What is the short term momentum for SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
The short term momentum for SUN COUNTRY AIRLINES HOLDING (SNCY) is positive.