SONOMA PHARMACEUTICALS INC (SNOA) Technical Analysis
NASDAQ:SNOA • US83558L3033
Current stock price
SNOA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SNOA. SNOA'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 91% of all other stocks performed better in the past year than SNOA.
- SNOA is one of the lesser performing stocks in the Pharmaceuticals industry. 69% of 191 stocks in the same industry do better.
- SNOA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SNOA has a been trading in the 2.00 - 2.88 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SNOA Weekly and Daily overview Charts
SNOA Setup Rating and Analysis
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.
More info and screens
SNOA Support and Resistance Analysis
2.12
3 important support areas can be observed.
- A support zone ranging from 2.27 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.22 from a trend line in the daily time frame.
- Support @2.14 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.66 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.01 from a trend line in the daily time frame.
- Resistance @4.04 from a trend line in the weekly time frame.
SNOA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for SNOA is neutral. |
| ChartMill Relative Strength | 9.35 | NEGATIVE | SNOA has a low relative strength, it was outperformed by 90.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNOA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SNOA is above 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) | 59.09 | NEUTRAL | The RSI value for SNOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SNOA has a positive trend. |
| Stochastics (14,3) | 52.95 | NEUTRAL | The Stochastics value for SNOA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for SNOA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for SNOA suggests a weak or negative trend. |
SNOA Chart- and CandleStick Pattern Analysis
SNOA Technicals: Chart, Performance Metrics, Trend & Indicators
2.65
+0.35 (+15.22%)
SONOMA PHARMACEUTICALS INC / SNOA TA FAQ
What is the ChartMill technical rating of SONOMA PHARMACEUTICALS INC (SNOA) stock?
ChartMill assigns a technical rating of 1 / 10 to SNOA.
What is the current trend direction of SONOMA PHARMACEUTICALS INC (SNOA) stock?
The current trend direction for SONOMA PHARMACEUTICALS INC (SNOA) is Bearish.
What is the RSI signal for SNOA stock?
SONOMA PHARMACEUTICALS INC (SNOA) has an RSI value of 59.0933. This indicates that the stock is currently neutral.
What is the MACD signal for SNOA stock?
The MACD indicator for SONOMA PHARMACEUTICALS INC (SNOA) has a value of 0.0449018, indicating a bearish trend.
What is the support and resistance level for SNOA stock?
SONOMA PHARMACEUTICALS INC (SNOA) has a support level at 2.31 and a resistance level at 2.66. Check the full technical report for our detailed analysis of SNOA support and resistance levels.