NASDAQ:SNOA • US83558L3033
Overall SNOA gets a technical rating of 0 out of 10. SNOA 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 technical rating of SNOA is bad and it also does not present a quality setup 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.
2.72
When analyzing the resistance we notice 5 important areas.
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 SNOA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNOA is down. |
| ChartMill Relative Strength | 26.93 | NEGATIVE | SNOA has a low relative strength, it was outperformed by 73.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNOA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNOA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNOA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.67 | OVERSOLD | The low RSI value suggests SNOA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SNOA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.93 | OVERSOLD | The low Stochastics value suggests SNOA may be oversold. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for SNOA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for SNOA suggests a strong trend. |
2.75
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to SNOA.
The current trend direction for SONOMA PHARMACEUTICALS INC (SNOA) is Bearish.
SONOMA PHARMACEUTICALS INC (SNOA) has an RSI value of 22.6677. This indicates that the stock is currently oversold.
The MACD indicator for SONOMA PHARMACEUTICALS INC (SNOA) has a value of -0.0476946, indicating a bearish trend.
The short term momentum for SONOMA PHARMACEUTICALS INC (SNOA) is negative.