USA - NYSE:SQNS - US8173233060 - ADR
We assign a technical rating of 0 out of 10 to SQNS. SQNS'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.
The technical rating of SQNS is bad and it also does not present a 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.
6.44
When analyzing the resistance we notice one important area.
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 SQNS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SQNS is down. |
| ChartMill Relative Strength | 1.93 | NEGATIVE | SQNS has a low relative strength, it was outperformed by 98.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SQNS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SQNS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SQNS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.53 | NEUTRAL | The RSI value for SQNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SQNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.9 | OVERSOLD | The low Stochastics value suggests SQNS may be oversold. |
| Average True Range in percent/ATR (20) | 9.54 | HIGH VOLATILITY | The high ATR as a percentage value for SQNS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for SQNS suggests a possible start of a new trend. |
6.51
+0.22 (+3.5%)
ChartMill assigns a technical rating of 0 / 10 to SQNS.
The current trend direction for SEQUANS COMMUNICATIONS-ADR (SQNS) is Bearish.
SEQUANS COMMUNICATIONS-ADR (SQNS) has an RSI value of 37.5332. This indicates that the stock is currently neutral.
The MACD indicator for SEQUANS COMMUNICATIONS-ADR (SQNS) has a value of -0.0340743, indicating a bearish trend.
The short term momentum for SEQUANS COMMUNICATIONS-ADR (SQNS) is negative.