SIENNA BIOPHARMACEUTICALS INC (SNNA) Stock Technical Analysis
NASDAQ:SNNA - Nasdaq -
Overall SNNA gets a technical rating of 0 out of 10. SNNA 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.
98% of all other stocks performed better in the past year than SNNA.
SNNA 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 SNNA is lagging the market.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SNNA has an average volume of 4062500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SNNA has a been trading in the 0.06 - 0.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNNA has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.13
0.18
When analyzing the resistance we notice 2 important areas.
- Resistance @0.17 from a trend line in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 SNNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNNA is down. |
| ChartMill Relative Strength | 2.2 | NEGATIVE | SNNA has a low relative strength, it was outperformed by 97.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.41 | NEUTRAL | The RSI value for SNNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SNNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.2 | NEUTRAL | The Stochastics value for SNNA is a neutral value. |
| Average True Range in percent/ATR (20) | 34.34 | HIGH VOLATILITY | The high ATR as a percentage value for SNNA suggests high volalility. |
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)
0.1358
+0.03 (+34.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg34.46%
1 Week-34.27%
2 Weeks-20.12%
1 Month-35.33%
3 Month-14.86%
6 Month-86.82%
12 Month-95.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%34.34%
ATR Inc147.56%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.2
Mansfield-9.1
10 Day High0.26
10 Day Low0.06
20 Day High0.28
20 Day Low0.06
52 Week High3.8
52 Week Low0.06
CS1 EndN/A
CR1 Start0.17
Volume & EV
DER(3)-1.09%
DER(5)-3.71%
Volume13.32M
Volume Incr172.56%
Vol(5)10.99M
Vol(50)4.06M