SONAE (SON.LS) Stock Technical Analysis
Europe - ELI:SON - PTSON0AM0001 - Common Stock
Taking everything into account, SON scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SON is showing a nice and steady performance.
Besides having an excellent technical rating, SON also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.31, a Stop Loss order could be placed below this zone.
More info and screens
0.87
We found 4 important support areas.
- A support zone ranging from 1.25 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.17 from a horizontal line in the weekly time frame.
- Support @0.92 from a trend line in the weekly time frame.
- Support @0.88 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.33 to 1.35. 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 | UP | POSITIVE | The long term trend for SON.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SON.LS is up. |
| ChartMill Relative Strength | 86.76 | POSITIVE | SON.LS has a high relative strength, it outperformed 86.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SON.LS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SON.LS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SON.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.58 | NEUTRAL | The RSI value for SON.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SON.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.43 | NEUTRAL | The Stochastics value for SON.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for SON.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for SON.LS suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.36 | 1.26 | 0.10 (7.06%) | 14.17% |
| An entry @1.36. This is a Buy Stop order right above the resistance zone. | An exit @1.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 7.06%. | For a 1.00% total portfolio risk, you can invest 14.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELI:SON (9/23/2025, 2:25:33 PM)
1.319
+0 (+0.23%)