Taking everything into account, SNY scores 1 out of 10 in our technical rating. SNY 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.
SNY has a poor technical rating and the quality of the setup is also not perfect 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.
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44.61
We found 2 important support areas.
- A support zone ranging from 47.62 to 48.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 45.06 to 46.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 49.12 to 49.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.35 to 52.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.73 from a horizontal 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 SNY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNY is down. |
| ChartMill Relative Strength | 56.39 | NEUTRAL | SNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for SNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SNY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.42 | OVERSOLD | The low Stochastics value suggests SNY may be oversold. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for SNY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for SNY suggests a weak or negative trend. |
48.86
+0.6 (+1.24%)
SANOFI-ADR / SNY FAQ
What is the technical rating for SNY stock?
ChartMill assigns a technical rating of 1 / 10 to SNY.
What is the trend direction for SNY stock?
The current trend direction for SANOFI-ADR (SNY) is Bearish.
What is the RSI signal for SANOFI-ADR (SNY) stock?
SANOFI-ADR (SNY) has an RSI value of 45.3576. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SANOFI-ADR?
The short term momentum for SANOFI-ADR (SNY) is negative.
What is the support and resistance level for SNY stock?
SANOFI-ADR (SNY) has a support level at 48.09 and a resistance level at 49.12. Check the full technical report for our detailed analysis of SNY support and resistance levels.