SONDER HOLDINGS INC (SOND) Stock Technical Analysis
NASDAQ:SOND - Nasdaq - US83542D3008 - Common Stock - Currency: USD
Taking everything into account, SOND scores 4 out of 10 in our technical rating. In the past year, SOND 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, SOND is a bad performer in the overall market: 85% of all stocks are doing better.
SOND is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, of which 76% are performing better than SOND.
SOND 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month SOND has a been trading in the 1.50 - 3.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SOND has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.66
4.28
We found 2 important support areas.
- A support zone ranging from 2.34 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.33 from a trend line in the daily time frame.
- Resistance @4.24 from a trend line in the weekly time frame.
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 SOND is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOND is neutral. |
| ChartMill Relative Strength | 15.39 | NEGATIVE | SOND has a low relative strength, it was outperformed by 84.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOND is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.56 | NEUTRAL | The RSI value for SOND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SOND has a negative trend. |
| Stochastics (14,3) | 8.52 | OVERSOLD | The low Stochastics value suggests SOND may be oversold. |
| Average True Range in percent/ATR (20) | 13.47 | HIGH VOLATILITY | The high ATR as a percentage value for SOND suggests high volalility. |
| Average Directional Index/ADX (14) | 39.73 | POSITIVE | The high ADX value value for SOND suggests a strong trend. |
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)
2.35
-0.28 (-10.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-10.65%
1 Week-16.67%
2 Weeks-23.7%
1 Month54.61%
3 Month2.17%
6 Month-30.88%
12 Month-22.7%
2 Year-80.08%
3 Year-92.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%13.47%
ATR Inc25.5%
Range Today0.36
ADR(20)0.31
ADR(20)%13.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.39
Mansfield-3.13
10 Day High3.18
10 Day Low2.2
20 Day High3.44
20 Day Low1.5
52 Week High10.5
52 Week Low0.88
CS1 End2.34
CR1 Start3.33
Volume & EV
DER(3)-23.66%
DER(5)-17%
Volume557.50K
Volume Incr-62.13%
Vol(5)124.30K
Vol(50)168.18K