GORES METROPOULOS II -CW28 (SONDW) Stock Technical Analysis
USA - NASDAQ:SONDW -
Overall SONDW gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SONDW is showing a nice and steady performance.
SONDW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SONDW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 SONDW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SONDW is up. |
| ChartMill Relative Strength | 93.95 | POSITIVE | SONDW has a high relative strength, it outperformed 93.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SONDW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SONDW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SONDW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.98 | NEUTRAL | The RSI value for SONDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SONDW has a positive trend. |
| Stochastics (14,3) | 46.79 | NEUTRAL | The Stochastics value for SONDW is a neutral value. |
| Average True Range in percent/ATR (20) | 16.99 | HIGH VOLATILITY | The high ATR as a percentage value for SONDW suggests high volalility. |
| Average Directional Index/ADX (14) | 37.89 | POSITIVE | The high ADX value value for SONDW suggests a strong 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 |
|---|---|---|---|
| 0.03 | 0.00 | 0.03 (103.00%) | 0.97% |
| An entry @0.03. This is a Buy Stop order right above the 10 day high. | An exit @0.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 103.00%. | For a 1.00% total portfolio risk, you can invest 0.97% 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.
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GORES METROPOULOS II -CW28 / SONDW FAQ
What is the ChartMill technical rating of GORES METROPOULOS II -CW28 (SONDW) stock?
ChartMill assigns a technical rating of 9 / 10 to SONDW.
What is the current trend direction of GORES METROPOULOS II -CW28 (SONDW) stock?
The current trend direction for GORES METROPOULOS II -CW28 (SONDW) is Bullish.
What is the RSI signal for SONDW stock?
GORES METROPOULOS II -CW28 (SONDW) has an RSI value of 60.9752. This indicates that the stock is currently neutral.
What is the MACD signal for GORES METROPOULOS II -CW28 (SONDW) stock?
The MACD indicator for GORES METROPOULOS II -CW28 (SONDW) has a value of 0.000186459, indicating a bearish trend.
What is the buy/sell signal for SONDW stock?
The buy/sell signal for GORES METROPOULOS II -CW28 (SONDW) is buy as both the short term and long term trends are positive.