SENESTECH INC (SNES) Stock Technical Analysis
NASDAQ:SNES - Nasdaq - US81720R6045 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SNES. Both in the recent history as in the last year, SNES has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SNES is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 85% of 195 stocks in the same industry.
Looking at the yearly performance, SNES did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SNES is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNES is lagging the market.
In the last month SNES has a been trading in the 2.68 - 4.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SNES 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.
More info and screens
3.54
4.01
When analyzing the support we notice one important area.
- A support zone ranging from 3.58 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @3.97 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 SNES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNES is up. |
| ChartMill Relative Strength | 88.47 | POSITIVE | SNES has a high relative strength, it outperformed 88.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.39 | NEUTRAL | The RSI value for SNES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SNES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.77 | NEUTRAL | The Stochastics value for SNES is a neutral value. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for SNES suggests high volalility. |
| Average Directional Index/ADX (14) | 46.14 | POSITIVE | The high ADX value value for SNES suggests a strong trend. |
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)
3.62
-0.05 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.36%
1 Week-3.98%
2 Weeks28.37%
1 Month31.64%
3 Month92.55%
6 Month8.38%
12 Month-37.15%
2 Year-97.31%
3 Year-99.71%
5 Year-99.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%7.45%
ATR Inc12.78%
Range Today0.33
ADR(20)0.26
ADR(20)%7.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.47
Mansfield1.16
10 Day High4.46
10 Day Low2.7
20 Day High4.46
20 Day Low2.68
52 Week High6.48
52 Week Low1.3
CS1 End3.61
CR1 Start3.97
Volume & EV
DER(3)-1.53%
DER(5)-2.57%
Volume169.40K
Volume Incr98.47%
Vol(5)209.62K
Vol(50)84.41K