
Sony Corp (SNE) Technical Analysis
NYSE:SNE
Current stock price
SNE Technical Rating and Analysis
Overall SNE gets a technical rating of 6 out of 10. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- SNE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SNE is performing more or less in line with the market.
- 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.
SNE Weekly and Daily overview Charts
SNE Setup Rating and Analysis
SNE has only a medium technical rating, but it does show a decent setup pattern. 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
SNE Support and Resistance Analysis
58.97
When analyzing the support we can see 5 important 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.
SNE 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 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. |
SNE Chart- and CandleStick Pattern Analysis
SNE Technicals: Chart, Performance Metrics, Trend & Indicators
106.01
+1.5 (+1.44%)
Sony Corp / SNE TA FAQ
Can you provide the ChartMill technical rating for Sony Corp?
ChartMill assigns a technical rating of 6 / 10 to SNE.
Can you provide the trend direction for Sony Corp?
The current trend direction for Sony Corp (SNE) is Bullish.
Can you provide the RSI signal for Sony Corp?
Sony Corp (SNE) has an RSI value of 51.524. This indicates that the stock is currently neutral.
What is the MACD signal for Sony Corp (SNE) stock?
The MACD indicator for Sony Corp (SNE) has a value of 0.183895, indicating a bearish trend.