SONENDO INC (SONX) Technical Analysis
NYSE:SONX • US8354311073
Current stock price
0.23 USD
-0.01 (-4.33%)
Last:
SONX Technical Rating and Analysis
Overall SONX gets a technical rating of 0 out of 10. SONX 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, SONX is a bad performer in the overall market: 100% of all stocks are doing better.
- SONX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 90% of 184 stocks in the same industry do better.
- SONX 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 SONX is lagging the market.
- In the last month SONX has a been trading in the 0.21 - 0.31 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.
- Considerably lower volume is observed in the last couple of days.
SONX Weekly and Daily overview Charts
SONX Setup Rating and Analysis
Although the technical rating is bad, SONX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SONX Support and Resistance Analysis
0.23
0.36
2 important resistance areas can be observed.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.36 from a trend line in the daily time frame.
SONX 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 | DOWN | NEGATIVE | The long term trend for SONX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SONX is down. |
| ChartMill Relative Strength | 0.86 | NEGATIVE | SONX has a low relative strength, it was outperformed by 99.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SONX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SONX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SONX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.17 | OVERSOLD | The low RSI value suggests SONX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SONX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.7 | NEUTRAL | The Stochastics value for SONX is a neutral value. |
| Average True Range in percent/ATR (20) | 14.94 | HIGH VOLATILITY | The high ATR as a percentage value for SONX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.94 | POSITIVE | The high ADX value value for SONX suggests a strong trend. |
SONX 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)
SONX Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SONX (11/21/2023, 8:04:01 PM)
0.23
-0.01 (-4.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.33%
1 Week-9.56%
2 Weeks-14.81%
1 Month0%
3 Month-77%
6 Month-80.67%
12 Month-90.3%
2 Year-97.63%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%14.94%
ATR Inc-38.16%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.86
3 months CRSN/A
6 months CRSN/A
Mansfield-8.54
10 Day High0.31
10 Day Low0.22
20 Day High0.31
20 Day Low0.21
52 Week High2.95
52 Week Low0.21
CS1 EndN/A
CR1 Start0.26
Volume & EV
DER(3)1.54%
DER(5)-0.63%
Volume63.00K
Volume Incr3.25%
Vol(5)195.26K
Vol(50)354.46K
SONENDO INC / SONX TA FAQ
Can you provide the ChartMill technical rating for SONENDO INC?
ChartMill assigns a technical rating of 0 / 10 to SONX.
What is the current trend direction of SONENDO INC (SONX) stock?
The current trend direction for SONENDO INC (SONX) is Bearish.
What is the RSI signal for SONX stock?
SONENDO INC (SONX) has an RSI value of 29.1688. This indicates that the stock is currently oversold.
What is the MACD signal for SONENDO INC (SONX) stock?
The MACD indicator for SONENDO INC (SONX) has a value of 0.0118959, indicating a bearish trend.
What is the short term momentum for SONENDO INC (SONX) stock?
The short term momentum for SONENDO INC (SONX) is negative.