SONOS INC (SONO) Stock Technical Analysis
NASDAQ:SONO - Nasdaq - US83570H1086 - Common Stock - Currency: USD
Overall SONO gets a technical rating of 1 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
86% of all other stocks performed better in the past year than SONO.
SONO is part of the Household Durables industry. There are 64 other stocks in this industry, of which 74% are performing better than SONO.
SONO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SONO has a been trading in the 7.63 - 10.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SONO has an average volume of 2034640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SONO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.79
15.03
We found 1 important support area.
- A support zone ranging from 8.88 to 8.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.44 to 10.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.38 from a trend line in the weekly time frame.
- Resistance @14.88 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.22
Mansfield-1.91
10 Day High10.46
10 Day Low8.73
20 Day High10.46
20 Day Low7.63
52 Week High17.65
52 Week Low7.63
Performance
1 Week10.25%
2 Weeks13.12%
1 Month25.97%
3 Month-24.86%
6 Month-24.64%
12 Month-37.28%
2 Year-28.22%
3 Year-52.87%
5 Year-3.96%
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)0.25
RSI(14)61.88
LBB8.34
UBB10.21
10.43
+0.59 (+6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg6%
1 Week10.25%
2 Weeks13.12%
1 Month25.97%
3 Month-24.86%
6 Month-24.64%
12 Month-37.28%
2 Year-28.22%
3 Year-52.87%
5 Year-3.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.97%
ATR Inc122.98%
Range Today0.63
ADR(20)0.38
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.22
Mansfield-1.91
10 Day High10.46
10 Day Low8.73
20 Day High10.46
20 Day Low7.63
52 Week High17.65
52 Week Low7.63
CS1 End8.96
CR1 Start10.44
Volume & EV
DER(3)4.17%
DER(5)2.28%
Volume4.21M
Volume Incr32.4%
Vol(5)3.05M
Vol(50)2.03M