SOLIGENIX INC (SNGX) Stock Technical Analysis
USA - NASDAQ:SNGX - US8342236044 - Common Stock
1.58 USD
-0.02 (-1.25%)
1.5638 USD
-0.02 (-1.03%)
We assign a technical rating of 1 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: 88% of all stocks are doing better.
SNGX is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 65% are performing better than SNGX.
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 5263200 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 1.11 - 1.97 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.
Although the technical rating is bad, SNGX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.11
2.78
We found 3 important support areas.
- A support zone ranging from 1.54 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.20 from a horizontal line in the weekly time frame.
- Support @1.12 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.31 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.75 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 | 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 | 12.61 | NEGATIVE | SNGX has a low relative strength, it was outperformed by 87.39% 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) | 41.59 | NEUTRAL | The RSI value for SNGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SNGX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.2 | NEUTRAL | The Stochastics value for SNGX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.87 | HIGH VOLATILITY | The high ATR as a percentage value for SNGX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for SNGX 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)
1.58
-0.02 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.25%
1 Week-3.64%
2 Weeks-5.36%
1 Month32.5%
3 Month20.45%
6 Month-26.73%
12 Month-59.02%
2 Year-79.34%
3 Year-99.03%
5 Year-99.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%9.87%
ATR Inc-55.19%
Range Today0.09
ADR(20)0.15
ADR(20)%9.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.61
3 months CRS85.62
6 months CRS7.16
Mansfield-4.02
10 Day High1.76
10 Day Low1.51
20 Day High1.97
20 Day Low1.11
52 Week High6.23
52 Week Low1.09
CS1 End1.54
CR1 Start1.81
Volume & EV
DER(3)2.26%
DER(5)2.16%
Volume638.58K
Volume Incr-87.7%
Vol(5)361.61K
Vol(50)5.26M
SOLIGENIX INC / SNGX FAQ
Can you provide the ChartMill technical rating for SOLIGENIX INC?
ChartMill assigns a technical rating of 1 / 10 to SNGX.
Can you provide the trend direction for SOLIGENIX INC?
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 41.5919. This indicates that the stock is currently neutral.
What is the MACD signal for SOLIGENIX INC (SNGX) stock?
The MACD indicator for SOLIGENIX INC (SNGX) has a value of 0.0458057, indicating a bearish trend.
What is the buy/sell signal for SOLIGENIX INC (SNGX) stock?
The buy/sell signal for SOLIGENIX INC (SNGX) is sell as both the short term and long term trends are negative.