SOLIGENIX INC (SNGX) Stock Technical Analysis
NASDAQ:SNGX - Nasdaq - US8342236044 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SNGX. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SNGX is a bad performer in the overall market: 98% of all stocks are doing better.
SNGX is one of the lesser performing stocks in the Biotechnology industry. 84% of 556 stocks in the same industry do better.
SNGX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
SNGX has an average volume of 1125390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SNGX has a been trading in the 1.09 - 1.88 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.
SNGX has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
1.31
1.64
2 important resistance areas can be observed.
- Resistance @1.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.60 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SNGX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNGX is down. |
| ChartMill Relative Strength | 2.04 | NEGATIVE | SNGX has a low relative strength, it was outperformed by 97.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SNGX is above a declining 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) | 41.74 | NEUTRAL | The RSI value for SNGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SNGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.48 | NEUTRAL | The Stochastics value for SNGX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.31 | HIGH VOLATILITY | The high ATR as a percentage value for SNGX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for SNGX suggests a possible start of a new 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)
1.32
-0.07 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.04%
1 Week-2.94%
2 Weeks3.94%
1 Month-3.65%
3 Month-39.17%
6 Month-48.44%
12 Month-70.86%
2 Year-86.93%
3 Year-99.37%
5 Year-99.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%10.31%
ATR Inc16.87%
Range Today0.13
ADR(20)0.13
ADR(20)%9.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.04
Mansfield-5.58
10 Day High1.46
10 Day Low1.25
20 Day High1.88
20 Day Low1.09
52 Week High5.4
52 Week Low1.09
CS1 EndN/A
CR1 Start1.42
Volume & EV
DER(3)-5.27%
DER(5)-2.56%
Volume286.60K
Volume Incr-93.58%
Vol(5)176.10K
Vol(50)1.13M