SONIDA SENIOR LIVING INC (SNDA) Technical Analysis
NYSE:SNDA • US1404752032
Current stock price
SNDA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SNDA. SNDA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that SNDA is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, SNDA also shows a nice and consistent pattern of rising prices.
- SNDA is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. SNDA outperforms 80% of them.
- SNDA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SNDA is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month SNDA has a been trading in the 30.65 - 36.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNDA Weekly and Daily overview Charts
SNDA Setup Rating and Analysis
Although SNDA has an excellent technical rating, it does not present a decent entry opportunity 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.
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SNDA Support and Resistance Analysis
28.14
3 important support areas can be observed.
- A support zone ranging from 31.21 to 33.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.30 from a horizontal line in the daily time frame.
- Support @28.42 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @37.35 from a horizontal line in the daily time frame.
SNDA 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 | NEUTRAL | NEUTRAL | The long term trend for SNDA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNDA is up. |
| ChartMill Relative Strength | 85.52 | POSITIVE | SNDA has a high relative strength, it outperformed 85.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SNDA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.89 | NEUTRAL | The RSI value for SNDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests SNDA has a positive trend. |
| Stochastics (14,3) | 95.47 | OVERBOUGHT | The high Stochastics value suggests SNDA may be overbought. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for SNDA suggests a weak or negative trend. |
SNDA Chart- and CandleStick Pattern Analysis
SNDA Technicals: Chart, Performance Metrics, Trend & Indicators
35.01
+0.62 (+1.8%)
SONIDA SENIOR LIVING INC / SNDA TA FAQ
What is the technical rating for SNDA stock?
ChartMill assigns a technical rating of 8 / 10 to SNDA.
Can you provide the trend direction for SONIDA SENIOR LIVING INC?
The current trend direction for SONIDA SENIOR LIVING INC (SNDA) is Bearish.
What is the RSI signal for SONIDA SENIOR LIVING INC (SNDA) stock?
SONIDA SENIOR LIVING INC (SNDA) has an RSI value of 61.8884. This indicates that the stock is currently neutral.
What is the short term momentum for SNDA stock?
The short term momentum for SONIDA SENIOR LIVING INC (SNDA) is positive.