Southern National Bk (SONA)

15.09  +0.27 (+1.82%)

After market: 15.09 0 (0%)

Technical Rating and Analysis

10

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

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SONA did better than 74% of all other stocks. We also observe that the gains produced by SONA over the past year are nicely spread over this period.
SONA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SONA is performing more or less in line with the market.
In the last month SONA has a been trading in the 14.30 - 16.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SONA Weekly chart
SONA Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SONA also presents 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 15.93. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

8.22

16.14

4 important support areas can be observed.

  • Support @14.68 from a trend line in the daily time frame.
  • Support @14.39 from a horizontal line in the daily time frame.
  • A support zone ranging from 13.51 to 13.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.30 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 15.93 to 15.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.93
Mansfield2.16
10 Day High16.03
10 Day Low14.3
20 Day High16.32
20 Day Low14.3
52 Week High16.32
52 Week Low7.58
Performance
1 Week4.43%
2 Weeks-3.02%
1 Month2.24%
3 Month24.61%
6 Month63.49%
12 Month81.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)53.59
LBB14.34
UBB16.24
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
15.1114.670.44 (2.90%)25.00%
An entry @15.11. This is a Buy Stop order right above the 10 day moving average.An exit @14.67. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.44 points, which is 2.90%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%.

  • The distance between exit and entry is rather small compared to the average daily movement of SONA. Please evaluate whether better entry and exit points can be found.
  • 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.
SONA Daily chart

Southern National Bk

NASDAQ:SONA (3/30/2021, 7:18:45 PM)

After market: 15.09 0 (0%)

15.09

+0.27 (+1.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.82%
1 Week4.43%
2 Weeks-3.02%
1 Month2.24%
3 Month24.61%
6 Month63.49%
12 Month81.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%3.9%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.03
10 Day Low14.3
20 Day High16.32
20 Day Low14.3
52 Week High16.32
52 Week Low7.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume59.70K
Volume Incr-30.67%
Vol(5)77.48K
Vol(50)89.16K