Overall SSM gets a technical rating of 3 out of 10. In the last year, SSM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, SSM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
5.93
3 important support areas can be observed.
When analyzing the resistance we notice 2 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 SSM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSM is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SSM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSM is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for SSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SSM has a positive trend. |
| Stochastics (14,3) | 60.18 | NEUTRAL | The Stochastics value for SSM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for SSM suggests high volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for SSM suggests a weak or negative trend. |
6.86
+0.33 (+5.07%)
ChartMill assigns a technical rating of 3 / 10 to SSM.
The current trend direction for SONO GROUP NV (SSM) is Bullish.
SONO GROUP NV (SSM) has an RSI value of 49.1386. This indicates that the stock is currently neutral.
The MACD indicator for SONO GROUP NV (SSM) has a value of 0.0628781, indicating a bearish trend.