SNY Technical Analysis - SANOFI-ADR

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to SNY. In the past year, SNY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, SNY is a bad performer in the overall market: 76% of all stocks are doing better.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month SNY has a been trading in the 44.62 - 51.05 range, which is quite wide. It is currently trading near the high of this range.

SNY has an average volume of 3178590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

SNY is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, SNY did better than 50% of them.

SNY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNY is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

SNY has an average technical rating and it also does not offer a high 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

44.61

58.31

We found 3 important support areas.

A support zone ranging from 48.55 to 49.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @47.62 from a horizontal line 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.

We can see 3 important resistance areas.

A resistance zone ranging from 49.66 to 51.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @52.90 from a horizontal line in the daily time frame.
Resistance @57.73 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 SNY is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for SNY is up.
ChartMill Relative Strength	24.65	NEGATIVE	SNY has a low relative strength, it was outperformed by 75.35% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SNY is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SNY is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of SNY is below the rising SMA(200).
Relative Strength Index/RSI (14)	55.36	NEUTRAL	The RSI value for SNY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.13	POSITIVE	The MACD value suggests SNY has a positive trend, although the MACD value is declining.
Stochastics (14,3)	69.63	NEUTRAL	The Stochastics value for SNY is a neutral value.
Average True Range in percent/ATR (20)	2.11	MEDIUM VOLATILITY	The ATR as a percentage value for SNY suggests some volalility.
Average Directional Index/ADX (14)	15.76	NEGATIVE	The low ADX value for SNY suggests a weak or negative trend.