STONEX GROUP INC (SNEX) Stock Technical Analysis
NASDAQ:SNEX - US8618961085 - Common Stock
98.84 USD
+2.88 (+3%)
98.84 USD
0 (0%)
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.
When comparing the yearly performance of all stocks, we notice that SNEX is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, SNEX also shows a nice and consistent pattern of rising prices.
SNEX is one of the better performing stocks in the Capital Markets industry, it outperforms 92% 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 80.28 - 100.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, SNEX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 98.85. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SNEX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
77.10
99.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 91.04 to 92.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A support zone ranging from 80.41 to 81.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 98.85 to 98.85. 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 | 92.05 | POSITIVE | SNEX has a high relative strength, it outperformed 92.05% 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) | 61.39 | NEUTRAL | The RSI value for SNEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests SNEX has a positive trend. |
| Stochastics (14,3) | 83.54 | OVERBOUGHT | The high Stochastics value suggests SNEX may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SNEX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.03 | 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 |
|---|---|---|---|
| 98.86 | 91.03 | 7.83 (7.92%) | 12.63% |
| An entry @98.86. This is a Buy Stop order right above the resistance zone. | An exit @91.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.83 points, which is 7.92%. | For a 1.00% total portfolio risk, you can invest 12.63% of your capital in this trade. |
- 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.
98.84
+2.88 (+3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3%
1 Week7.47%
2 Weeks10.65%
1 Month4.57%
3 Month15.56%
6 Month19.74%
12 Month81.91%
2 Year136.89%
3 Year139.54%
5 Year292.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.5
ATR(20)%4.21%
ATR Inc-29.38%
Range Today4.82
ADR(20)3.96
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.05
Mansfield1.98
10 Day High99.69
10 Day Low87.77
20 Day High100.4
20 Day Low80.29
52 Week High100.4
52 Week Low50.31
CS1 End92.18
CR1 Start98.85
Volume & EV
DER(3)5.05%
DER(5)4.03%
Volume451.10K
Volume Incr-15.09%
Vol(5)534.98K
Vol(50)503.11K