SONOMA PHARMACEUTICALS INC (SNOA) Stock Technical Analysis
NASDAQ:SNOA - US83558L3033 - Common Stock
4.45 USD
-0.11 (-2.41%)
4.4 USD
-0.05 (-1.12%)
We assign a technical rating of 9 out of 10 to SNOA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SNOA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SNOA is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 73% of 195 stocks in the same industry.
SNOA has an average volume of 1608080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SNOA is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SNOA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNOA is lagging the market.
In the last month SNOA has a been trading in the 2.88 - 6.92 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.
SNOA has an excellent technical rating, but the quality of the setup is only medium 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
3.02
4.49
When analyzing the support we can see 2 important areas.
- Support @3.16 from a trend line in the daily time frame.
- Support @3.05 from a trend line 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 | UP | POSITIVE | The long term trend for SNOA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNOA is up. |
| ChartMill Relative Strength | 86.68 | POSITIVE | SNOA has a high relative strength, it outperformed 86.68% 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) | UP | POSITIVE | The current price of SNOA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNOA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.31 | NEUTRAL | The RSI value for SNOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SNOA has a negative trend. |
| Stochastics (14,3) | 40.46 | NEUTRAL | The Stochastics value for SNOA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.78 | HIGH VOLATILITY | The high ATR as a percentage value for SNOA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.51 | POSITIVE | The high ADX value value for SNOA suggests a strong 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)
4.45
-0.11 (-2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.41%
1 Week-12.57%
2 Weeks-16.82%
1 Month48.83%
3 Month28.24%
6 Month96.04%
12 Month34.85%
2 Year-74.5%
3 Year-92%
5 Year-96.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%10.78%
ATR Inc-71.25%
Range Today0.21
ADR(20)0.39
ADR(20)%8.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.68
Mansfield3.34
10 Day High5.6
10 Day Low4.39
20 Day High6.92
20 Day Low2.88
52 Week High6.92
52 Week Low1.75
CS1 End3.16
CR1 StartN/A
Volume & EV
DER(3)-5.66%
DER(5)-0.36%
Volume40.70K
Volume Incr-98.29%
Vol(5)66.94K
Vol(50)1.61M