Sony Corp (SNE) Stock Technical Analysis
NYSE:SNE - New York Stock Exchange, Inc. -
Taking everything into account, SNE scores 6 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, SNE is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SNE 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 SNE is lagging the market slightly.
In the last month SNE has a been trading in the 100.09 - 107.42 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SNE has an average volume of 1078210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SNE outperforms 69% of them, which is more or less in line with the market.
Although the technical rating is only medium, SNE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 105.01, a Stop Loss order could be placed below this zone.
More info and screens
58.97
117.88
We found 5 important support areas.
- A support zone ranging from 103.72 to 105.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 95.71 to 96.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @88.36 from a trend line in the weekly time frame.
- Support @78.47 from a trend line in the daily time frame.
- Support @59.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 116.71 to 116.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SNE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNE is neutral. |
| ChartMill Relative Strength | 69.7 | NEUTRAL | SNE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SNE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.52 | NEUTRAL | The RSI value for SNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SNE has a positive trend. |
| Stochastics (14,3) | 71.88 | NEUTRAL | The Stochastics value for SNE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SNE suggests some volalility. |
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)
106.01
+1.5 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week3.58%
2 Weeks0.08%
1 Month1.43%
3 Month4.86%
6 Month43.26%
12 Month84.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.99
ATR(20)%2.14%
ATR Inc31.4%
Range Today1.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.7
Mansfield0.92
10 Day High107.42
10 Day Low101.46
20 Day High107.42
20 Day Low100.09
52 Week High118.5
52 Week Low59.3
CS1 End105.01
CR1 Start116.71
Volume & EV
DER(3)-0.75%
DER(5)0.45%
Volume597.60K
Volume Incr-27.41%
Vol(5)780.98K
Vol(50)1.08M