SONOS INC (SONO)

US83570H1086 - Common Stock

17.05  +0.11 (+0.65%)

After market: 17 -0.05 (-0.29%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SONO. SONO'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.

When comparing the yearly performance of all stocks, SONO is a bad performer in the overall market: 77% of all stocks are doing better.
SONO is one of the lesser performing stocks in the Household Durables industry. 71% of 67 stocks in the same industry do better.
SONO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SONO has an average volume of 1677080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SONO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SONO is lagging the market slightly.
Weekly and Daily overview Charts
SONO Weekly chart
SONO Daily chart
Setup Rating and Analysis

7

SONO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.91, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.70

19.71

When analyzing the support we notice one important area.

  • A support zone ranging from 16.87 to 16.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 17.06 to 17.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @18.73 from a trend line in the weekly time frame.
  • A resistance zone ranging from 19.23 to 19.51. 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
CRS23.7
Mansfield-0.07
10 Day High17.84
10 Day Low16.52
20 Day High18.48
20 Day Low16.52
52 Week High21.98
52 Week Low9.78
Performance
1 Week0.47%
2 Weeks0.83%
1 Month-6.83%
3 Month6.63%
6 Month50.35%
12 Month-21.1%
2 Year-22.96%
3 Year-53.92%
5 Year67.98%
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)0.01
RSI(14)42.21
LBB16.62
UBB17.54
SONO Daily chart

SONOS INC

NASDAQ:SONO (5/3/2024, 7:19:13 PM)

After market: 17 -0.05 (-0.29%)

17.05

+0.11 (+0.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.65%
1 Week0.47%
2 Weeks0.83%
1 Month-6.83%
3 Month6.63%
6 Month50.35%
12 Month-21.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%2.68%
ATR Inc
Range Today0.42
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 High17.84
10 Day Low16.52
20 Day High18.48
20 Day Low16.52
52 Week High21.98
52 Week Low9.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.02M
Volume Incr-5.84%
Vol(5)1.17M
Vol(50)1.68M