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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 48.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.14, a Stop Loss order could be placed below this zone.
44.61
We found 2 important support areas.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for SNY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNY is down. |
| ChartMill Relative Strength | 51.84 | 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) | 46.72 | NEUTRAL | The RSI value for SNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SNY has a positive trend. |
| Stochastics (14,3) | 55.12 | NEUTRAL | The Stochastics value for SNY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for SNY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for SNY suggests a weak or negative trend. |
48.47
+0.11 (+0.23%)
ChartMill assigns a technical rating of 1 / 10 to SNY.
The current trend direction for SANOFI-ADR (SNY) is Bearish.
SANOFI-ADR (SNY) has an RSI value of 46.7151. This indicates that the stock is currently neutral.
The short term momentum for SANOFI-ADR (SNY) is negative.
SANOFI-ADR (SNY) has a support level at 48.14 and a resistance level at 48.63. Check the full technical report for our detailed analysis of SNY support and resistance levels.