SONOMA PHARMACEUTICALS INC (SNOA) Stock Technical Analysis
USA - NASDAQ:SNOA - US83558L3033 - Common Stock
Taking everything into account, SNOA scores 1 out of 10 in our technical rating. SNOA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SNOA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.95. Right above this resistance zone may be a good entry point.
More info and screens
3.50
We can see 2 important resistance areas.
- A resistance zone ranging from 3.95 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.88 from a trend line in the weekly 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 | 53.11 | NEUTRAL | SNOA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SNOA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.64 | NEUTRAL | The RSI value for SNOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SNOA has a negative trend. |
| Stochastics (14,3) | 38.58 | NEUTRAL | The Stochastics value for SNOA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for SNOA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.02 | NEGATIVE | The low ADX value for SNOA suggests a weak or negative trend. |
3.54
-0.14 (-3.8%)
SONOMA PHARMACEUTICALS INC / SNOA 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 trend direction for SNOA stock?
The current trend direction for SONOMA PHARMACEUTICALS INC (SNOA) is Bearish.
Can you provide the RSI signal for SONOMA PHARMACEUTICALS INC?
SONOMA PHARMACEUTICALS INC (SNOA) has an RSI value of 37.6421. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SONOMA PHARMACEUTICALS INC?
SONOMA PHARMACEUTICALS INC (SNOA) has a resistance level at 3.95. Check the full technical report for our detailed analysis of SNOA support and resistance levels.