DNA X INC (SONM) Technical Analysis
NASDAQ:SONM • US83548F4081
Current stock price
3.35 USD
+0.21 (+6.69%)
At close:
3.4 USD
+0.05 (+1.49%)
Pre-Market:
SONM Technical Rating and Analysis
Overall SONM gets a technical rating of 0 out of 10. SONM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SONM is a bad performer in the overall market: 97% of all stocks are doing better.
- SONM is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 86% of 37 stocks in the same industry do better.
- SONM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SONM has a been trading in the 2.62 - 4.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SONM Weekly and Daily overview Charts
SONM Setup Rating and Analysis
Although the technical rating is bad, SONM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
SONM Support and Resistance Analysis
2.72
3.52
2 important support areas can be observed.
- Support @2.96 from a horizontal line in the daily time frame.
- Support @2.75 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.36 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.49 from a trend line in the daily time frame.
SONM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SONM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SONM is down. |
| ChartMill Relative Strength | 3.26 | NEGATIVE | SONM has a low relative strength, it was outperformed by 96.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SONM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SONM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SONM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.92 | NEUTRAL | The RSI value for SONM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SONM has a positive trend. |
| Stochastics (14,3) | 30.13 | NEUTRAL | The Stochastics value for SONM is a neutral value. |
| Average True Range in percent/ATR (20) | 15.57 | HIGH VOLATILITY | The high ATR as a percentage value for SONM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for SONM suggests a weak or negative trend. |
SONM Chart- and CandleStick Pattern Analysis
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)
SONM Technicals: Chart, Performance Metrics, Trend & Indicators
3.35
+0.21 (+6.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg6.69%
1 Week-0.89%
2 Weeks-14.54%
1 Month-26.56%
3 Month-28.72%
6 Month-76.99%
12 Month-88.65%
2 Year-96.47%
3 Year-98.4%
5 Year-99.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%15.57%
ATR Inc-50.32%
Range Today0.36
ADR(20)0.51
ADR(20)%15.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.26
3 months CRS11.88
6 months CRS2.89
Mansfield-7.18
10 Day High4.14
10 Day Low2.85
20 Day High4.47
20 Day Low2.62
52 Week High38.52
52 Week Low2.52
CS1 End2.96
CR1 Start3.36
Volume & EV
DER(3)-25.87%
DER(5)-23.69%
Volume4.50K
Volume Incr-63.98%
Vol(5)27.78K
Vol(50)53.82K
DNA X INC / SONM TA FAQ
What is the ChartMill technical rating of DNA X INC (SONM) stock?
ChartMill assigns a technical rating of 0 / 10 to SONM.
Can you provide the trend direction for DNA X INC?
The current trend direction for DNA X INC (SONM) is Bearish.
What is the RSI signal for SONM stock?
DNA X INC (SONM) has an RSI value of 43.9167. This indicates that the stock is currently neutral.
What is the MACD signal for SONM stock?
The MACD indicator for DNA X INC (SONM) has a value of 0.0430081, indicating a bearish trend.
Can you provide the short term momentum for DNA X INC?
The short term momentum for DNA X INC (SONM) is negative.