SUN COUNTRY AIRLINES HOLDING (SNCY) Technical Analysis
NASDAQ:SNCY • US8666831057
Current stock price
SNCY Technical Rating and Analysis
Taking everything into account, SNCY scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month SNCY has a been trading in the 15.30 - 19.29 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Looking at the yearly performance, SNCY did better than 86% of all other 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 has an average volume of 1165520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- SNCY 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 SNCY is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
SNCY Weekly and Daily overview Charts
SNCY Setup Rating and Analysis
Although the technical rating is only medium, SNCY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 16.52, a Stop Loss order could be placed below this zone.
More info and screens
SNCY Support and Resistance Analysis
11.04
We found 6 important support areas.
- A support zone ranging from 16.49 to 16.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.19 from a trend line in the weekly time frame.
- Support @15.82 from a trend line in the daily time frame.
- 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 @12.66 from a trend line in the weekly time frame.
- Support @11.15 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @17.21 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for SNCY is down. |
| ChartMill Relative Strength | 86.5 | POSITIVE | SNCY has a high relative strength, it outperformed 86.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SNCY is above a declining 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) | 45.14 | NEUTRAL | The RSI value for SNCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SNCY has a positive trend. |
| Stochastics (14,3) | 40.82 | NEUTRAL | The Stochastics value for SNCY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for SNCY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.86 | POSITIVE | The high ADX value value for SNCY suggests a strong trend. |
SNCY Chart- and CandleStick Pattern Analysis
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 |
|---|---|---|---|
| 17.22 | 16.48 | 0.74 (4.30%) | 23.27% |
| An entry @17.22. This is a Buy Stop order right above the resistance zone. | An exit @16.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.74 points, which is 4.30%. | When investing 23.27% 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
16.52
+0.65 (+4.1%)
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 6 / 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 45.1446. 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 negative.
What is the buy/sell signal for SNCY stock?
The buy/sell signal for SUN COUNTRY AIRLINES HOLDING (SNCY) is hold as the short term and long term trends are mixed.