New Senior Investment Group Inc (SNR) Technical Analysis
NYSE:SNR
Current stock price
SNR Technical Rating and Analysis
Overall SNR gets a technical rating of 8 out of 10. In the last year, SNR was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that SNR is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, SNR also shows a nice and consistent pattern of rising prices.
- SNR is one of the better performing stocks in the Diversified REITs industry, it outperforms 97% of 123 stocks in the same industry.
- SNR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SNR is leading 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
Besides having an excellent technical rating, SNR 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
3 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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 trade has a worst case loss of 0.56 points, which is 6.20%. | For a 1.00% total portfolio risk, you can invest 16.14% 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.
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.
Can you provide the RSI signal for New Senior Investment Group Inc?
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.
Can you provide the support and resistance levels for New Senior Investment Group Inc?
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.