SANUWAVE HEALTH INC (SNWV) Stock Technical Analysis
NASDAQ:SNWV - Nasdaq - US80303D3052 - Common Stock - Currency: USD
Taking everything into account, SNWV scores 1 out of 10 in our technical rating. SNWV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SNWV is a bad performer in the overall market: 100% of all stocks are doing better.
SNWV is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 93% are performing better than SNWV.
In the last month SNWV has a been trading in the 24.80 - 35.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of SNWV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.13
33.13
We found 1 important support area.
- A support zone ranging from 25.38 to 25.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @32.80 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 SNWV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNWV is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SNWV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNWV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNWV is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.63 | NEUTRAL | The RSI value for SNWV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests SNWV has a negative trend. |
| Stochastics (14,3) | 8.22 | OVERSOLD | The low Stochastics value suggests SNWV may be oversold. |
| Average True Range in percent/ATR (20) | 8.34 | HIGH VOLATILITY | The high ATR as a percentage value for SNWV suggests high volalility. |
| Average Directional Index/ADX (14) | 11.49 | NEGATIVE | The low ADX value for SNWV suggests a weak or negative 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)
NASDAQ:SNWV (6/3/2025, 1:09:49 PM)
28.42
+2.18 (+8.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.31%
1 Week-8.11%
2 Weeks-18.8%
1 Month-15.1%
3 Month-9.53%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.21
ATR(20)%8.34%
ATR Inc-5.42%
Range Today2.54
ADR(20)2.16
ADR(20)%7.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High32.19
10 Day Low24.8
20 Day High35.94
20 Day Low24.8
52 Week HighN/A
52 Week LowN/A
CS1 End25.77
CR1 Start32.8
Volume & EV
DER(3)-2.45%
DER(5)-1.85%
Volume86.80K
Volume Incr-6.51%
Vol(5)47.76K
Vol(50)54.36K