SONY GROUP CORP - SP ADR (SONY) Stock Technical Analysis
NYSE:SONY - US8356993076 - ADR
28.61 USD
+0.98 (+3.55%)
28.41 USD
-0.2 (-0.7%)
Taking everything into account, SONY scores 10 out of 10 in our technical rating. 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!
Looking at the yearly performance, SONY did better than 87% of all other 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 93% of 63 stocks in the same industry.
SONY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SONY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SONY has an average volume of 4463390 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 present a decent entry opportunity 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
21.82
28.90
We found 4 important support areas.
- A support zone ranging from 27.63 to 27.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.75 to 24.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.02 from a trend line in the daily time frame.
- Support @22.04 from a trend line in the weekly time frame.
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 | 87.74 | POSITIVE | SONY has a high relative strength, it outperformed 87.74% 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) | 67.74 | NEUTRAL | The RSI value for SONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SONY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.54 | NEUTRAL | The Stochastics value for SONY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for SONY suggests some volalility. |
| Average Directional Index/ADX (14) | 29.33 | POSITIVE | The high ADX value value for SONY suggests a strong 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)
28.61
+0.98 (+3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg3.55%
1 Week-0.45%
2 Weeks5.38%
1 Month14.99%
3 Month12.06%
6 Month15.46%
12 Month54.83%
2 Year71.96%
3 Year80.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%2.11%
ATR Inc29%
Range Today0.41
ADR(20)0.31
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.74
Mansfield1.49
10 Day High29.16
10 Day Low27.02
20 Day High29.16
20 Day Low24.11
52 Week High29.16
52 Week Low17.42
CS1 End27.99
CR1 StartN/A
Volume & EV
DER(3)6.56%
DER(5)1.61%
Volume4.49M
Volume Incr-19.74%
Vol(5)3.27M
Vol(50)4.46M