SQZ BIOTECHNOLOGIES CO (SQZ) Stock Technical Analysis
NYSE:SQZ • US78472W1045
Overall SQZ gets a technical rating of 0 out of 10. SQZ 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than SQZ.
- SQZ is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 84% are performing better than SQZ.
- SQZ 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 SQZ has a been trading in the 0.25 - 0.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of SQZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.43
When analyzing the resistance we notice 2 important areas.
- Resistance @0.52 from a trend line in the daily time frame.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for SQZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SQZ is neutral. |
| ChartMill Relative Strength | 3.82 | NEGATIVE | SQZ has a low relative strength, it was outperformed by 96.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SQZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SQZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SQZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.51 | NEUTRAL | The RSI value for SQZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SQZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.86 | NEUTRAL | The Stochastics value for SQZ is a neutral value. |
| Average True Range in percent/ATR (20) | 14 | HIGH VOLATILITY | The high ATR as a percentage value for SQZ suggests high volalility. |
| Average Directional Index/ADX (14) | 33.21 | POSITIVE | The high ADX value value for SQZ suggests a strong trend. |
0.435
+0.16 (+61.11%)
SQZ BIOTECHNOLOGIES CO / SQZ FAQ
Can you provide the ChartMill technical rating for SQZ BIOTECHNOLOGIES CO?
ChartMill assigns a technical rating of 0 / 10 to SQZ.
Can you provide the trend direction for SQZ BIOTECHNOLOGIES CO?
The current trend direction for SQZ BIOTECHNOLOGIES CO (SQZ) is Bearish.
What is the RSI signal for SQZ stock?
SQZ BIOTECHNOLOGIES CO (SQZ) has an RSI value of 45.5109. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SQZ BIOTECHNOLOGIES CO?
The short term momentum for SQZ BIOTECHNOLOGIES CO (SQZ) is neutral.
Can you provide the support and resistance levels for SQZ BIOTECHNOLOGIES CO?
SQZ BIOTECHNOLOGIES CO (SQZ) has a resistance level at 0.52. Check the full technical report for our detailed analysis of SQZ support and resistance levels.