SONOMA PHARMACEUTICALS INC (SNOA) Stock Technical Analysis
NASDAQ:SNOA - Nasdaq - US83558L3033 - Common Stock - Currency: USD
Taking everything into account, SNOA scores 3 out of 10 in our technical rating. In the last year, SNOA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, SNOA is a bad performer in the overall market: 85% of all stocks are doing 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 3.00 - 3.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SNOA has an average volume of 1449020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SNOA is an average performer in the Pharmaceuticals industry, it outperforms 45% of 195 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SNOA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.07, a Stop Loss order could be placed below this zone.
More info and screens
3.04
4.05
When analyzing the support we notice one important area.
- A support zone ranging from 3.07 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.29 to 3.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.48 from a horizontal line in the weekly time frame.
- Resistance @3.61 from a trend line in the weekly time frame.
- Resistance @4.01 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 | NEUTRAL | NEUTRAL | The long term trend for SNOA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNOA is down. |
| ChartMill Relative Strength | 15.61 | NEGATIVE | SNOA has a low relative strength, it was outperformed by 84.39% 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) | UP | MIXED | The current price of SNOA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SNOA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for SNOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SNOA has a negative trend. |
| Stochastics (14,3) | 14.62 | OVERSOLD | The low Stochastics value suggests SNOA may be oversold. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for SNOA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.72 | 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)
3.08
-0.01 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.32%
1 Week-7.23%
2 Weeks-9.68%
1 Month-4.64%
3 Month-11.49%
6 Month17.11%
12 Month-23.65%
2 Year-85.61%
3 Year-94.73%
5 Year-97.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.59%
ATR Inc7.1%
Range Today0.14
ADR(20)0.17
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.61
Mansfield-1.51
10 Day High3.6
10 Day Low3
20 Day High3.6
20 Day Low3
52 Week High9.37
52 Week Low1.75
CS1 End3.07
CR1 Start3.29
Volume & EV
DER(3)0.18%
DER(5)-3.41%
Volume24.20K
Volume Incr-51.15%
Vol(5)27.92K
Vol(50)1.45M