STONEX GROUP INC (SNEX) Stock Technical Analysis
NASDAQ:SNEX - Nasdaq - US8618961085 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to SNEX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SNEX did better than 94% of all other stocks. On top of that, SNEX also shows a nice and consistent pattern of rising prices.
SNEX is part of the Capital Markets industry. There are 232 other stocks in this industry. SNEX outperforms 95% of them.
SNEX 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 SNEX is lagging the market slightly.
In the last month SNEX has a been trading in the 81.66 - 89.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SNEX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 84.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNEX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
58.18
85.91
4 important support areas can be observed.
- A support zone ranging from 83.14 to 84.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.27 from a trend line in the daily time frame.
- Support @75.00 from a trend line in the weekly time frame.
- Support @58.77 from a trend 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 SNEX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNEX is neutral. |
| ChartMill Relative Strength | 94.05 | POSITIVE | SNEX has a high relative strength, it outperformed 94.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.86 | NEUTRAL | The RSI value for SNEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests SNEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.06 | NEUTRAL | The Stochastics value for SNEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for SNEX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.7 | NEGATIVE | The low ADX value for SNEX suggests a weak or negative 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)
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 |
|---|---|---|---|
| 86.94 | 83.13 | 3.81 (4.38%) | 22.82% |
| An entry @86.94. This is a Buy Stop order right above the 10 day high. | An exit @83.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.81 points, which is 4.38%. | When investing 22.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
85.06
-0.27 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.32%
1 Week1.5%
2 Weeks-1.47%
1 Month-4.6%
3 Month15.05%
6 Month28.61%
12 Month81.49%
2 Year130.36%
3 Year145.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.51
ATR(20)%2.94%
ATR Inc-6.93%
Range Today2.25
ADR(20)2.47
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.05
Mansfield2.02
10 Day High86.93
10 Day Low81.66
20 Day High89.82
20 Day Low81.66
52 Week High97.17
52 Week Low46.71
CS1 End84.82
CR1 StartN/A
Volume & EV
DER(3)4.86%
DER(5)2.49%
Volume230.80K
Volume Incr-35.93%
Vol(5)239.28K
Vol(50)388.62K