GLOBAL X INTERNET OF THINGS (SNSR) Technical Analysis
NASDAQ:SNSR • US37954Y7803
Current stock price
SNSR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SNSR. SNSR 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.
- Warning: SNSR has an average volume of 19476 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- SNSR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SNSR is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that SNSR is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month SNSR has a been trading in the 35.49 - 38.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SNSR Weekly and Daily overview Charts
SNSR Setup Rating and Analysis
Although the technical rating is bad, SNSR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.74. Right above this resistance zone may be a good entry point.
More info and screens
SNSR Support and Resistance Analysis
34.78
We found 1 important support area.
- Support @35.13 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 37.74 to 37.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.62 to 38.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 39.88 to 39.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 40.62 to 40.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
SNSR 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 | NEUTRAL | NEUTRAL | The long term trend for SNSR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNSR is down. |
| ChartMill Relative Strength | 70.34 | POSITIVE | SNSR has a high relative strength, it outperformed 70.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNSR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNSR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SNSR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for SNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SNSR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.27 | NEUTRAL | The Stochastics value for SNSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for SNSR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.61 | POSITIVE | The high ADX value value for SNSR suggests a strong trend. |
SNSR Chart- and CandleStick Pattern Analysis
SNSR Technicals: Chart, Performance Metrics, Trend & Indicators
37.595
-0.02 (-0.05%)
GLOBAL X INTERNET OF THINGS / SNSR TA FAQ
Can you provide the ChartMill technical rating for GLOBAL X INTERNET OF THINGS?
ChartMill assigns a technical rating of 1 / 10 to SNSR.
Can you provide the trend direction for GLOBAL X INTERNET OF THINGS?
The current trend direction for GLOBAL X INTERNET OF THINGS (SNSR) is Bearish.
Can you provide the RSI signal for GLOBAL X INTERNET OF THINGS?
GLOBAL X INTERNET OF THINGS (SNSR) has an RSI value of 47.4202. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X INTERNET OF THINGS?
The MACD indicator for GLOBAL X INTERNET OF THINGS (SNSR) has a value of -0.022493, indicating a bearish trend.
What is the support and resistance level for SNSR stock?
GLOBAL X INTERNET OF THINGS (SNSR) has a support level at 35.13 and a resistance level at 37.74. Check the full technical report for our detailed analysis of SNSR support and resistance levels.