SONNET BIOTHERAPEUTICS HOLDI (SONN)

US83548R3030 - Common Stock

1.81  +0.04 (+2.26%)

Technical Rating and Analysis

3

Overall SONN gets a technical rating of 3 out of 10. SONN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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, SONN is a bad performer in the overall market: 82% of all stocks are doing better.
SONN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SONN is lagging the market.
SONN is part of the Biotechnology industry. There are 588 other stocks in this industry, SONN did better than 44% of them.
In the last month SONN has a been trading in the 1.65 - 2.23 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.
Weekly and Daily overview Charts
SONN Weekly chart
SONN Daily chart
Setup Rating and Analysis

3

The technical rating of SONN is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

1.49

2.05

2 important support areas can be observed.

  • Support @1.66 from a horizontal line in the daily time frame.
  • A support zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.86 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.01 to 2.03. 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
CRS18.04
Mansfield-6.43
10 Day High2.1
10 Day Low1.65
20 Day High2.23
20 Day Low1.65
52 Week High26.4
52 Week Low1.08
Performance
1 Week-12.38%
2 Weeks-10.61%
1 Month-14.49%
3 Month33.08%
6 Month-25.32%
12 Month-67.96%
2 Year-98.11%
3 Year-99.76%
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)-0.04
RSI(14)43.34
LBB1.67
UBB2.14
SONN Daily chart

SONNET BIOTHERAPEUTICS HOLDI

NASDAQ:SONN (4/19/2024, 12:07:22 PM)

1.81

+0.04 (+2.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.26%
1 Week-12.38%
2 Weeks-10.61%
1 Month-14.49%
3 Month33.08%
6 Month-25.32%
12 Month-67.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%7.84%
ATR Inc
Range Today0.12
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 High2.1
10 Day Low1.65
20 Day High2.23
20 Day Low1.65
52 Week High26.4
52 Week Low1.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.86K
Volume Incr-57.61%
Vol(5)24.24K
Vol(50)124.64K