SONNET BIOTHERAPEUTICS HOLDI (SONN)
US83548R3030 - Common Stock
We assign a technical rating of 2 out of 10 to SONN. SONN'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than SONN.
SONN is one of the lesser performing stocks in the Biotechnology industry. 61% of 588 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. The S&P500 Index is trading in the upper part of its 52 week range, so SONN is lagging the market.
In the last month SONN has a been trading in the 1.65 - 2.23 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
1.49
1.89
3 important support areas can be observed.
- A support zone ranging from 1.67 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.54 from a trend line in the weekly time frame.
- Support @1.51 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.82 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.72
Mansfield-6.52
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-6.35%
2 Weeks-16.49%
1 Month-20.79%
3 Month16.1%
6 Month47.39%
12 Month-67.83%
2 Year-98.19%
3 Year-99.77%
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)40.64
LBB1.63
UBB2.14
SONNET BIOTHERAPEUTICS HOLDI
NASDAQ:SONN (4/23/2024, 11:56:12 AM)
1.81
+0.12 (+7.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.1%
1 Week-6.35%
2 Weeks-16.49%
1 Month-20.79%
3 Month16.1%
6 Month47.39%
12 Month-67.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%8.16%
ATR Inc
Range Today0.18
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)
Volume8.58K
Volume Incr-61.07%
Vol(5)19.30K
Vol(50)124.57K