STONEX GROUP INC (SNEX) Stock Technical Analysis
NASDAQ:SNEX • US8618961085
We assign a technical rating of 10 out of 10 to SNEX. Both in the recent history as in the last year, SNEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SNEX did better than 91% of all other stocks.
- SNEX is one of the better performing stocks in the Capital Markets industry, it outperforms 95% of 238 stocks in the same industry.
- SNEX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SNEX has a been trading in the 106.25 - 130.35 range, which is quite wide. It is currently trading near the high of this range.
SNEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
82.67
We found 4 important support areas.
- A support zone ranging from 124.71 to 124.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.50 from a trend line in the daily time frame.
- Support @90.59 from a trend line in the weekly time frame.
- A support zone ranging from 83.50 to 84.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 128.67 to 128.67. 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 SNEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNEX is up. |
| ChartMill Relative Strength | 91.3 | POSITIVE | SNEX has a high relative strength, it outperformed 91.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNEX is above the rising 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) | 60.9 | NEUTRAL | The RSI value for SNEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SNEX has a negative trend. |
| Stochastics (14,3) | 78.83 | NEUTRAL | The Stochastics value for SNEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SNEX suggests some volalility. |
| Average Directional Index/ADX (14) | 55.17 | POSITIVE | The high ADX value value for SNEX suggests a strong trend. |
124.72
-3.95 (-3.07%)
STONEX GROUP INC / SNEX FAQ
What is the technical rating for SNEX stock?
ChartMill assigns a technical rating of 10 / 10 to SNEX.
Can you provide the trend direction for STONEX GROUP INC?
The current trend direction for STONEX GROUP INC (SNEX) is Bullish.
What is the RSI signal for STONEX GROUP INC (SNEX) stock?
STONEX GROUP INC (SNEX) has an RSI value of 60.8993. This indicates that the stock is currently neutral.
What is the short term momentum for SNEX stock?
The short term momentum for STONEX GROUP INC (SNEX) is positive.
Can you provide the support and resistance levels for STONEX GROUP INC?
STONEX GROUP INC (SNEX) has a support level at 124.71 and a resistance level at 128.67. Check the full technical report for our detailed analysis of SNEX support and resistance levels.