SONY GROUP CORP - SP ADR (SONY) Technical Analysis
NYSE:SONY • US8356993076
Current stock price
SONY Technical Rating and Analysis
Overall SONY gets a technical rating of 0 out of 10. SONY'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than SONY.
- SONY is one of the lesser performing stocks in the Household Durables industry. 69% of 60 stocks in the same industry do better.
- SONY 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 SONY is lagging the market.
- SONY has an average volume of 6516050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SONY has a been trading in the 19.74 - 22.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SONY Weekly and Daily overview Charts
SONY Setup Rating and Analysis
SONY has a poor technical rating and the quality of the setup is also only medium 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
SONY Support and Resistance Analysis
19.71
We found 1 important support area.
- A support zone ranging from 19.91 to 19.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 20.86 to 20.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.19 to 23.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.07 from a horizontal line in the daily time frame.
SONY 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 SONY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SONY is down. |
| ChartMill Relative Strength | 18.67 | NEGATIVE | SONY has a low relative strength, it was outperformed by 81.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SONY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SONY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SONY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.5 | NEUTRAL | The RSI value for SONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SONY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.25 | NEUTRAL | The Stochastics value for SONY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for SONY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.98 | POSITIVE | The high ADX value value for SONY suggests a strong trend. |
SONY Chart- and CandleStick Pattern Analysis
SONY Technicals: Chart, Performance Metrics, Trend & Indicators
20.7
+0.78 (+3.92%)
SONY GROUP CORP - SP ADR / SONY TA FAQ
What is the technical rating for SONY stock?
ChartMill assigns a technical rating of 0 / 10 to SONY.
What is the trend direction for SONY stock?
The current trend direction for SONY GROUP CORP - SP ADR (SONY) is Bearish.
Can you provide the RSI signal for SONY GROUP CORP - SP ADR?
SONY GROUP CORP - SP ADR (SONY) has an RSI value of 44.4958. This indicates that the stock is currently neutral.
What is the buy/sell signal for SONY GROUP CORP - SP ADR (SONY) stock?
The buy/sell signal for SONY GROUP CORP - SP ADR (SONY) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for SONY GROUP CORP - SP ADR?
SONY GROUP CORP - SP ADR (SONY) has a support level at 19.91 and a resistance level at 20.86. Check the full technical report for our detailed analysis of SONY support and resistance levels.