SONAE (SON.LS)       1.173  +0.02 (+1.91%)

1.173  +0.02 (+1.91%)

PTSON0AM0001 - Common Stock

Technical Rating

We assign a technical rating of 10 out of 10 to SON. Both in the recent history as in the last year, SON has proven to be a steady performer, scoring decent points in every aspect analyzed.



Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SON did better than 97% of all other stocks. We also observe that the gains produced by SON over the past year are nicely spread over this period.
SON is part of the Food & Staples Retailing industry. There are 11 other stocks in this industry. SON outperforms 90% of them.
A new 52 week high is currently being made by SON, which is a very good signal! Especially since the S&P500 is only trading in the lower part of its 52 week range, so SON is leading the market.
In the last month SON has a been trading in the 1.07 - 1.16 range, which is quite wide. It is currently trading near the high of this range.
SON has an average volume of 3864450. This is a good sign as it is always nice to have a liquid stock.

Statistics

1 Month 3 Months 6 Months 12 Months 4.83% 13.29% 14.76% 42.19% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 97.59 0.757 - 1.157
SON Weekly chart
SON Daily chart

Support/Resistance Analysis


0.93

1.18
4 important support areas can be observed.
  • A support zone ranging from 1.06 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.02 from a trend line in the weekly time frame.
  • A support zone ranging from 0.99 to 0.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

Although SON has an excellent technical rating, it does not present a decent entry opportunity 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.


SON Daily chart

SONAE1.173

ELI:SON (6/28/2022, 5:29:47 PM)+0.02 (+1.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Food & Staples Retailing
Performance
Today 1.91% 1 Week 4.16%
2 Weeks 6.18% 1 Month 4.83%
3 Month 13.29% 6 Month 14.76%
Volatility
ATR(14) 0.02 ATR(20)% 1.96%
ATR Inc 6.57% Range Today 0.02
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 97.59 Mansfield 3.26
10 Day High 1.16 10 Day Low 1.08
20 Day High 1.16 20 Day Low 1.07
52 Week High 1.16 52 Week Low 0.76
CS1 End 1.09 CR1 Start N/A
Volume & EV
DER(3) 1.4% DER(5) 1.3%
Volume 620.14K Volume Incr -15.6%
Vol(5) 3.21M Vol(50) 3.86M

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