SONNET BIOTHERAPEUTICS HOLDI (SONN) Technical Analysis
NASDAQ:SONN • US83548R4020
Current stock price
1.26 USD
-1.84 (-59.35%)
At close:
1 USD
-0.26 (-20.63%)
After Hours:
SONN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SONN. 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.
- When comparing the yearly performance of all stocks, SONN is a bad performer in the overall market: 96% of all stocks are doing better.
- SONN is one of the lesser performing stocks in the Biotechnology industry. 82% of 516 stocks in the same industry do better.
- SONN 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 SONN has a been trading in the 1.26 - 5.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SONN Weekly and Daily overview Charts
SONN Setup Rating and Analysis
The technical rating of SONN is bad and it also does not present a 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
SONN Support and Resistance Analysis
SONN 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 | NEUTRAL | NEUTRAL | The long term trend for SONN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SONN is down. |
| ChartMill Relative Strength | 4.97 | NEGATIVE | SONN has a low relative strength, it was outperformed by 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SONN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SONN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SONN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.15 | OVERSOLD | The low RSI value suggests SONN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests SONN has a negative trend. |
| Stochastics (14,3) | 2.23 | OVERSOLD | The low Stochastics value suggests SONN may be oversold. |
| Average True Range in percent/ATR (20) | 74.27 | HIGH VOLATILITY | The high ATR as a percentage value for SONN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.76 | NEGATIVE | The low ADX value for SONN suggests a weak or negative trend. |
SONN 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)
SONN Technicals: Chart, Performance Metrics, Trend & Indicators
1.26
-1.84 (-59.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-59.35%
1 Week-74.02%
2 Weeks-76.45%
1 Month-68.73%
3 Month-55.79%
6 Month0.8%
12 Month-40%
2 Year-90.95%
3 Year-99.38%
5 Year-99.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%74.27%
ATR Inc64.22%
Range Today1.97
ADR(20)0.94
ADR(20)%74.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.97
3 months CRS2.82
6 months CRS32.73
Mansfield-5.72
10 Day High5.45
10 Day Low1.26
20 Day High5.95
20 Day Low1.26
52 Week High19.3
52 Week Low1.08
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.07%
DER(5)-11.16%
Volume10.46M
Volume Incr267.25%
Vol(5)2.76M
Vol(50)848.87K
SONNET BIOTHERAPEUTICS HOLDI / SONN TA FAQ
Can you provide the ChartMill technical rating for SONNET BIOTHERAPEUTICS HOLDI?
ChartMill assigns a technical rating of 0 / 10 to SONN.
What is the current trend direction of SONNET BIOTHERAPEUTICS HOLDI (SONN) stock?
The current trend direction for SONNET BIOTHERAPEUTICS HOLDI (SONN) is Bearish.
Can you provide the RSI signal for SONNET BIOTHERAPEUTICS HOLDI?
SONNET BIOTHERAPEUTICS HOLDI (SONN) has an RSI value of 28.1484. This indicates that the stock is currently oversold.