SOLIGENIX INC (SNGX) Technical Analysis
NASDAQ:SNGX • US8342236044
Current stock price
SNGX Technical Rating and Analysis
Overall SNGX gets a technical rating of 1 out of 10. SNGX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 89% of all other stocks performed better in the past year than SNGX.
- SNGX is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 70% are performing better than SNGX.
- SNGX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SNGX is lagging the market.
- In the last month SNGX has a been trading in the 1.09 - 1.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNGX Weekly and Daily overview Charts
SNGX Setup Rating and Analysis
Although the technical rating is bad, SNGX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SNGX Support and Resistance Analysis
1.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.04 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.22 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SNGX 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 | DOWN | NEGATIVE | The long term trend for SNGX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNGX is neutral. |
| ChartMill Relative Strength | 11.58 | NEGATIVE | SNGX has a low relative strength, it was outperformed by 88.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNGX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNGX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.98 | NEUTRAL | The RSI value for SNGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SNGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.45 | NEUTRAL | The Stochastics value for SNGX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for SNGX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for SNGX suggests a weak or negative trend. |
SNGX Chart- and CandleStick Pattern Analysis
SNGX Technicals: Chart, Performance Metrics, Trend & Indicators
1.21
+0.01 (+0.83%)
SOLIGENIX INC / SNGX TA FAQ
Can you provide the ChartMill technical rating for SOLIGENIX INC?
ChartMill assigns a technical rating of 1 / 10 to SNGX.
What is the current trend direction of SOLIGENIX INC (SNGX) stock?
The current trend direction for SOLIGENIX INC (SNGX) is Bearish.
What is the RSI signal for SNGX stock?
SOLIGENIX INC (SNGX) has an RSI value of 50.9771. This indicates that the stock is currently neutral.
What is the MACD signal for SNGX stock?
The MACD indicator for SOLIGENIX INC (SNGX) has a value of 0.00544361, indicating a bearish trend.
Can you provide the short term momentum for SOLIGENIX INC?
The short term momentum for SOLIGENIX INC (SNGX) is neutral.