NYSE:SONY - New York Stock Exchange, Inc. - US8356993076 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to SONY. 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.
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.
20.58
When analyzing the support we can see 4 important areas.
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 | 92.53 | POSITIVE | SONY has a high relative strength, it outperformed 92.53% 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) | 61.83 | NEUTRAL | The RSI value for SONY is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SONY has a positive trend. |
Stochastics (14,3) | 86.25 | OVERBOUGHT | The high Stochastics value suggests SONY may be overbought. |
Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SONY suggests some volalility. |
Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for SONY suggests a weak or negative trend. |
26.3
-0.26 (-0.98%)