SEQUANS COMMUNICATIONS-ADR (SQNS) Stock Technical Analysis
NYSE:SQNS - New York Stock Exchange, Inc. - US8173233060 - ADR - Currency: USD
Overall SQNS gets a technical rating of 0 out of 10. SQNS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SQNS is a bad performer in the overall market: 85% of all stocks are doing better.
SQNS is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 76% are performing better than SQNS.
SQNS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SQNS has a been trading in the 1.19 - 5.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SQNS has an average volume of 6949150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
1.23
1.33
When analyzing the support we notice one important area.
- A support zone ranging from 1.24 to 1.24. 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 | 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 | 15.56 | NEGATIVE | SQNS has a low relative strength, it was outperformed by 84.44% 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) | 38.39 | NEUTRAL | The RSI value for SQNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SQNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.74 | OVERSOLD | The low Stochastics value suggests SQNS may be oversold. |
| Average True Range in percent/ATR (20) | 49.84 | HIGH VOLATILITY | The high ATR as a percentage value for SQNS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for SQNS 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)
1.32
-0.06 (-4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.35%
1 Week-7.04%
2 Weeks-44.07%
1 Month-35.92%
3 Month-16.98%
6 Month-57.96%
12 Month-5.71%
2 Year-81.08%
3 Year-86.77%
5 Year-91.23%
10 Year-87.89%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%49.84%
ATR Inc-71.5%
Range Today0.14
ADR(20)0.62
ADR(20)%47.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.56
Mansfield-4.92
10 Day High2.43
10 Day Low1.19
20 Day High5.83
20 Day Low1.19
52 Week High5.83
52 Week Low1.19
CS1 End1.24
CR1 StartN/A
Volume & EV
DER(3)-3.64%
DER(5)-4.74%
Volume4.54M
Volume Incr-51.55%
Vol(5)7.09M
Vol(50)6.95M