SONOMA PHARMACEUTICALS INC (SNOA) Stock Technical Analysis
NASDAQ:SNOA - Nasdaq - US83558L3033 - Common Stock - Currency: USD
Overall SNOA gets a technical rating of 6 out of 10. In the last year, SNOA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
SNOA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNOA is lagging the market.
In the last month SNOA has a been trading in the 3.01 - 4.30 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SNOA is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 82% of 198 stocks in the same industry.
SNOA has an average volume of 1485320 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 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SNOA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNOA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.96
4.14
We found 1 important support area.
- A support zone ranging from 2.99 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.33 to 3.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.92 from a trend line in the weekly time frame.
- Resistance @4.10 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 | NEUTRAL | NEUTRAL | The short term trend for SNOA is neutral. |
| ChartMill Relative Strength | 78.85 | POSITIVE | SNOA has a high relative strength, it outperformed 78.85% 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 | POSITIVE | The current price of SNOA is above 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) | 51.7 | NEUTRAL | The RSI value for SNOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SNOA has a negative trend. |
| Stochastics (14,3) | 48.74 | NEUTRAL | The Stochastics value for SNOA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for SNOA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.02 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.34 | 3.00 | 0.34 (10.18%) | 9.83% |
| An entry @3.34. This is a Buy Stop order right above the resistance zone. | An exit @3.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 10.18%. | For a 1.00% total portfolio risk, you can invest 9.83% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SNOA (5/23/2025, 8:56:24 PM)
3.21
-0.11 (-3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.31%
1 Week-0.62%
2 Weeks1.9%
1 Month-24.11%
3 Month34.03%
6 Month12.63%
12 Month-18.65%
2 Year-83.45%
3 Year-95.35%
5 Year-98.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.16%
ATR Inc1.36%
Range Today0.23
ADR(20)0.22
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.85
Mansfield-1.01
10 Day High3.45
10 Day Low3.01
20 Day High4.3
20 Day Low3.01
52 Week High9.37
52 Week Low1.75
CS1 End3.02
CR1 Start3.33
Volume & EV
DER(3)3.16%
DER(5)-0.96%
Volume19.20K
Volume Incr-99.05%
Vol(5)33.40K
Vol(50)1.49M