SANOFI-ADR (SNY) Stock Technical Analysis
NASDAQ:SNY • US80105N1054
Taking everything into account, SNY scores 1 out of 10 in our technical rating. SNY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 80% of all other stocks performed better in the past year than SNY.
- SNY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SNY has a been trading in the 45.70 - 49.42 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- SNY has an average volume of 3718960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SNY is an average performer in the Pharmaceuticals industry, it outperforms 42% of 193 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SNY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 45.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
44.61
When analyzing the support we notice one important area.
- A support zone ranging from 45.06 to 45.93. 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 47.25 to 47.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.74 to 49.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 50.83 to 52.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 20.76 | NEGATIVE | SNY has a low relative strength, it was outperformed by 79.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNY is below the rising 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) | 46.57 | NEUTRAL | The RSI value for SNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SNY has a negative trend. |
| Stochastics (14,3) | 26.12 | NEUTRAL | The Stochastics value for SNY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for SNY suggests some volalility. |
| Average Directional Index/ADX (14) | 12.92 | NEGATIVE | The low ADX value for SNY suggests a weak or negative trend. |
46.76
-0.62 (-1.31%)
SANOFI-ADR / SNY FAQ
What is the technical rating for SNY stock?
ChartMill assigns a technical rating of 1 / 10 to SNY.
Can you provide the trend direction for SANOFI-ADR?
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 46.5704. This indicates that the stock is currently neutral.
What is the buy/sell signal for SANOFI-ADR (SNY) stock?
The buy/sell signal for SANOFI-ADR (SNY) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SANOFI-ADR (SNY) stock?
SANOFI-ADR (SNY) has a support level at 45.93 and a resistance level at 47.25. Check the full technical report for our detailed analysis of SNY support and resistance levels.