New Senior Investment Group Inc (SNR) Technical Analysis
NYSE:SNR
Current stock price
SNR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SNR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, SNR did better than 93% of all other stocks. We also observe that the gains produced by SNR over the past year are nicely spread over this period.
- SNR is part of the Diversified REITs industry. There are 122 other stocks in this industry. SNR outperforms 98% of them.
- SNR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- SNR has an average volume of 1662840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SNR has a been trading in the 8.36 - 9.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SNR Weekly and Daily overview Charts
SNR Setup Rating and Analysis
SNR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNR 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
SNR Support and Resistance Analysis
6.84
We found 3 important support areas.
- A support zone ranging from 8.42 to 8.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.83 from a trend line in the daily time frame.
- Support @6.91 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.27 to 9.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
SNR 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 | UP | POSITIVE | The long term trend for SNR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNR is neutral. |
| ChartMill Relative Strength | 93.02 | POSITIVE | SNR has a high relative strength, it outperformed 93.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.3 | NEUTRAL | The RSI value for SNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SNR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.58 | NEUTRAL | The Stochastics value for SNR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SNR suggests some volalility. |
SNR Chart- and CandleStick Pattern Analysis
SNR Example Setup
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 |
|---|---|---|---|
| 9.12 | 8.56 | 0.56 (6.20%) | 16.14% |
| An entry @9.12. This is a Buy Stop order right above the 10 day high. | An exit @8.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 6.20%. | When investing 16.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SNR Technicals: Chart, Performance Metrics, Trend & Indicators
8.82
-0.1 (-1.12%)
New Senior Investment Group Inc / SNR TA FAQ
What is the ChartMill technical rating of New Senior Investment Group Inc (SNR) stock?
ChartMill assigns a technical rating of 7 / 10 to SNR.
Can you provide the trend direction for New Senior Investment Group Inc?
The current trend direction for New Senior Investment Group Inc (SNR) is Bullish.
What is the RSI signal for SNR stock?
New Senior Investment Group Inc (SNR) has an RSI value of 51.3018. This indicates that the stock is currently neutral.
What is the MACD signal for New Senior Investment Group Inc (SNR) stock?
The MACD indicator for New Senior Investment Group Inc (SNR) has a value of 0.0215437, indicating a bearish trend.
What are the support and resistance levels for New Senior Investment Group Inc (SNR) stock?
New Senior Investment Group Inc (SNR) has a support level at 8.55 and a resistance level at 9.27. Check the full technical report for our detailed analysis of SNR support and resistance levels.