Logo image of SQZ

SQZ BIOTECHNOLOGIES CO (SQZ) Stock Technical Analysis

USA - NYSE:SQZ - US78472W1045 - Common Stock

0.435 USD
+0.16 (+61.11%)
Last: 7/3/2023, 8:01:56 PM
0.4384 USD
+0 (+0.78%)
After Hours: 7/3/2023, 8:01:56 PM
Technical Rating and Analysis

0

Taking everything into account, SQZ scores 0 out of 10 in our technical rating. SQZ'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SQZ is a bad performer in the overall market: 97% of all stocks are doing better.
SQZ is part of the Biotechnology industry. There are 531 other stocks in this industry, of which 82% 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.
Weekly and Daily overview Charts
SQZ BIOTECHNOLOGIES CO / SQZ Weekly stock chart
SQZ BIOTECHNOLOGIES CO / SQZ Daily stock chart
Setup Rating and Analysis

1

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.

Support and Resistance Analysis

0.43

0.56

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SQZ is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SQZ is neutral.
ChartMill Relative Strength3.82NEGATIVESQZ has a low relative strength, it was outperformed by 96.18% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SQZ is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SQZ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SQZ is below a declining SMA(200).
Relative Strength Index/RSI (14)45.51NEUTRALThe RSI value for SQZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests SQZ has a negative trend, although the MACD value is rising.
Stochastics (14,3)23.86NEUTRALThe Stochastics value for SQZ is a neutral value.
Average True Range in percent/ATR (20)14HIGH VOLATILITYThe high ATR as a percentage value for SQZ suggests high volalility.
Average Directional Index/ADX (14)33.21POSITIVEThe high ADX value value for SQZ suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
SQZ BIOTECHNOLOGIES CO / SQZ Daily stock chart

SQZ BIOTECHNOLOGIES CO

NYSE:SQZ (7/3/2023, 8:01:56 PM)

After market: 0.4384 +0 (+0.78%)

0.435

+0.16 (+61.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg61.11%
1 Week20.83%
2 Weeks-21.69%
1 Month-27.5%
3 Month-22.78%
6 Month-41.22%
12 Month-87.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%14%
ATR Inc265.37%
Range Today0.19
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.82
3 months CRSN/A
6 months CRSN/A
Mansfield-7.48
10 Day High0.57
10 Day Low0.25
20 Day High0.61
20 Day Low0.25
52 Week High3.56
52 Week Low0.25
CS1 EndN/A
CR1 Start0.52
Volume & EV
DER(3)10.65%
DER(5)4.53%
Volume30.21M
Volume Incr10445.6%
Vol(5)6.30M
Vol(50)668.04K

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.


What is the trend direction for SQZ stock?

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 MACD signal for SQZ BIOTECHNOLOGIES CO?

The MACD indicator for SQZ BIOTECHNOLOGIES CO (SQZ) has a value of -0.0141177, indicating a bearish trend.


What are the support and resistance levels for SQZ BIOTECHNOLOGIES CO (SQZ) stock?

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.