SCHNEIDER NATIONAL INC-CL B (SNDR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SNDR - US80689H1023 - Common Stock
Taking everything into account, SNDR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SNDR is only an average performer.
Although SNDR has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
20.63
We found 3 important support areas.
- A support zone ranging from 26.53 to 27.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.27 from a horizontal line in the weekly time frame.
- Support @20.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @27.93 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SNDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNDR is up. |
| ChartMill Relative Strength | 69.42 | NEUTRAL | SNDR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.77 | NEUTRAL | The RSI value for SNDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SNDR has a negative trend. |
| Stochastics (14,3) | 84.83 | OVERBOUGHT | The high Stochastics value suggests SNDR may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDR suggests some volalility. |
| Average Directional Index/ADX (14) | 45.69 | POSITIVE | The high ADX value value for SNDR suggests a strong trend. |
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 |
|---|---|---|---|
| 27.94 | 26.49 | 1.45 (5.19%) | 19.27% |
| An entry @27.94. This is a Buy Stop order right above the resistance zone. | An exit @26.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.45 points, which is 5.19%. | For a 1.00% total portfolio risk, you can invest 19.27% of your capital in this trade. |
- 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.
27.92
-0.64 (-2.24%)
SCHNEIDER NATIONAL INC-CL B / SNDR FAQ
Can you provide the ChartMill technical rating for SCHNEIDER NATIONAL INC-CL B?
ChartMill assigns a technical rating of 8 / 10 to SNDR.
Can you provide the trend direction for SCHNEIDER NATIONAL INC-CL B?
The current trend direction for SCHNEIDER NATIONAL INC-CL B (SNDR) is Bullish.
What is the RSI signal for SCHNEIDER NATIONAL INC-CL B (SNDR) stock?
SCHNEIDER NATIONAL INC-CL B (SNDR) has an RSI value of 65.774. This indicates that the stock is currently neutral.
What is the short term momentum for SCHNEIDER NATIONAL INC-CL B (SNDR) stock?
The short term momentum for SCHNEIDER NATIONAL INC-CL B (SNDR) is positive.
What is the buy/sell signal for SNDR stock?
The buy/sell signal for SCHNEIDER NATIONAL INC-CL B (SNDR) is buy as both the short term and long term trends are positive.