SONY GROUP CORP - SP ADR (SONY) Stock Technical Analysis
USA - NYSE:SONY - US8356993076 - ADR
29.34 USD
+0.13 (+0.45%)
29.47 USD
+0.13 (+0.44%)
Overall SONY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SONY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SONY is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by SONY over the past year are nicely spread over this period.
SONY is one of the better performing stocks in the Household Durables industry, it outperforms 87% of 63 stocks in the same industry.
A new 52 week high is currently being made by SONY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SONY has a been trading in the 26.59 - 29.44 range, which is quite wide. It is currently trading near the high of this range.
SONY has an average volume of 3960590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SONY has an excellent technical rating, it does not offer a high 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
24.21
29.64
3 important support areas can be observed.
- A support zone ranging from 26.95 to 28.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.41 to 25.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.35 to 29.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SONY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SONY is up. |
| ChartMill Relative Strength | 88.22 | POSITIVE | SONY has a high relative strength, it outperformed 88.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SONY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SONY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SONY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.81 | NEUTRAL | The RSI value for SONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SONY has a positive trend. |
| Stochastics (14,3) | 95.89 | OVERBOUGHT | The high Stochastics value suggests SONY may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for SONY suggests low volalility. |
| Average Directional Index/ADX (14) | 24.39 | NEUTRAL | The ADX value for SONY suggests a possible start of a new trend. |
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)
29.34
+0.13 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.45%
1 Week2.61%
2 Weeks6.61%
1 Month2.09%
3 Month18.55%
6 Month16.29%
12 Month57.59%
2 Year78.01%
3 Year129.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%1.73%
ATR Inc-39.8%
Range Today0.23
ADR(20)0.3
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.22
Mansfield1.28
10 Day High29.44
10 Day Low26.59
20 Day High29.44
20 Day Low26.59
52 Week High29.44
52 Week Low17.42
CS1 End28.31
CR1 Start29.35
Volume & EV
DER(3)-2.63%
DER(5)-1.86%
Volume2.90M
Volume Incr9.37%
Vol(5)3.82M
Vol(50)3.96M