EPA:SNIO - Euronext Paris - Matif -
We assign a technical rating of 0 out of 10 to SNIO. SNIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SNIO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.17
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 SNIO.PA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNIO.PA is down. |
ChartMill Relative Strength | 0 | NEGATIVE | SNIO.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNIO.PA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNIO.PA is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 37.17 | NEUTRAL | The RSI value for SNIO.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SNIO.PA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 33.12 | NEUTRAL | The Stochastics value for SNIO.PA is a neutral value. |
Average True Range in percent/ATR (20) | 94.9 | HIGH VOLATILITY | The high ATR as a percentage value for SNIO.PA suggests high volalility. |
Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for SNIO.PA suggests a weak or negative trend. |