SUN COUNTRY AIRLINES HOLDING (SNCY) Technical Analysis
NASDAQ:SNCY • US8666831057
Current stock price
17.43 USD
-0.67 (-3.7%)
At close:
18.2103 USD
+0.78 (+4.48%)
After Hours:
SNCY Technical Rating and Analysis
Overall SNCY gets a technical rating of 8 out of 10. In the last year, SNCY was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that SNCY is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, SNCY also shows a nice and consistent pattern of rising prices.
- SNCY is one of the better performing stocks in the Passenger Airlines industry, it outperforms 100% of 22 stocks in the same industry.
- SNCY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNCY is lagging the market.
- In the last month SNCY has a been trading in the 15.78 - 18.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNCY Weekly and Daily overview Charts
SNCY Setup Rating and Analysis
Besides having an excellent technical rating, SNCY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.84, a Stop Loss order could be placed below this zone.
More info and screens
SNCY Support and Resistance Analysis
12.76
18.51
3 important support areas can be observed.
- A support zone ranging from 16.64 to 16.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.54 to 15.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.89 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.51 to 17.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.33 to 18.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
SNCY 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 SNCY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNCY is neutral. |
| ChartMill Relative Strength | 88.14 | POSITIVE | SNCY has a high relative strength, it outperformed 88.14% 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 | NEGATIVE | The current price of SNCY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNCY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for SNCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SNCY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.06 | NEUTRAL | The Stochastics value for SNCY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for SNCY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for SNCY suggests a weak or negative trend. |
SNCY Chart- and CandleStick Pattern Analysis
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)
SNCY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.65 | 16.69 | 0.96 (5.41%) | 18.48% |
| An entry @17.65. This is a Buy Stop order right above the resistance zone. | An exit @16.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.96 points, which is 5.41%. | When investing 18.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SNCY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SNCY Technicals: Chart, Performance Metrics, Trend & Indicators
17.43
-0.67 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-3.7%
1 Week-3.01%
2 Weeks5.38%
1 Month3.5%
3 Month-0.4%
6 Month51.43%
12 Month85.03%
2 Year30.95%
3 Year-11.66%
5 Year-57.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%4.65%
ATR Inc-13.66%
Range Today0.97
ADR(20)0.69
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.14
3 months CRS48.54
6 months CRS94.74
Mansfield1.57
10 Day High18.98
10 Day Low16.7
20 Day High18.98
20 Day Low15.78
52 Week High22.29
52 Week Low9.08
CS1 End16.84
CR1 Start17.51
Volume & EV
DER(3)-0.35%
DER(5)-0.41%
Volume386.90K
Volume Incr25.1%
Vol(5)784.52K
Vol(50)857.06K
SUN COUNTRY AIRLINES HOLDING / SNCY TA FAQ
Can you provide the ChartMill technical rating for SUN COUNTRY AIRLINES HOLDING?
ChartMill assigns a technical rating of 8 / 10 to SNCY.
Can you provide the trend direction for SUN COUNTRY AIRLINES HOLDING?
The current trend direction for SUN COUNTRY AIRLINES HOLDING (SNCY) is Bullish.
Can you provide the RSI signal for SUN COUNTRY AIRLINES HOLDING?
SUN COUNTRY AIRLINES HOLDING (SNCY) has an RSI value of 50.691. This indicates that the stock is currently neutral.
What is the short term momentum for SUN COUNTRY AIRLINES HOLDING (SNCY) stock?
The short term momentum for SUN COUNTRY AIRLINES HOLDING (SNCY) is neutral.