SANOFI-ADR (SNY) Stock Technical Analysis
NASDAQ:SNY • US80105N1054
Taking everything into account, SNY scores 4 out of 10 in our technical rating. 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.
- 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- SNY has an average volume of 3873410 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 192 other stocks in this industry, SNY did better than 48% of them.
- In the last month SNY has a been trading in the 45.84 - 49.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.89, a Stop Loss order could be placed below this zone.
More info and screens
44.61
We found 2 important support areas.
- A support zone ranging from 47.19 to 47.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 48.68 to 49.19. 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 | 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 | 24.48 | NEGATIVE | SNY has a low relative strength, it was outperformed by 75.52% 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) | DOWN | NEGATIVE | The current price of SNY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.73 | NEUTRAL | The RSI value for SNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests SNY has a positive trend. |
| Stochastics (14,3) | 66.11 | NEUTRAL | The Stochastics value for SNY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for SNY suggests low volalility. |
| Average Directional Index/ADX (14) | 12.76 | NEGATIVE | The low ADX value for SNY suggests a weak or negative trend. |
48.66
+0.31 (+0.64%)
SANOFI-ADR / SNY FAQ
What is the technical rating for SNY stock?
ChartMill assigns a technical rating of 4 / 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 57.7265. This indicates that the stock is currently neutral.
What are the support and resistance levels for SANOFI-ADR (SNY) stock?
SANOFI-ADR (SNY) has a support level at 47.89 and a resistance level at 48.68. Check the full technical report for our detailed analysis of SNY support and resistance levels.