SANMINA CORP (SANM) Stock Technical Analysis
NASDAQ:SANM - Nasdaq - US8010561020 - Common Stock - Currency: USD
Taking everything into account, SANM scores 4 out of 10 in our technical rating. Although SANM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SANM is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 87% of 124 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, SANM did better than 86% of all other stocks. However, SANM's most recent performance is quite weak.
SANM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SANM has a been trading in the 63.66 - 81.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SANM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 67.57, a Stop Loss order could be placed below this zone.
More info and screens
65.79
81.61
When analyzing the support we notice one important area.
- A support zone ranging from 66.45 to 67.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 75.44 to 75.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 77.15 to 79.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.4
Mansfield1.02
10 Day High79.65
10 Day Low63.67
20 Day High81.31
20 Day Low63.67
52 Week High91.12
52 Week Low57.52
Performance
1 Week0.38%
2 Weeks8.33%
1 Month-4.34%
3 Month-9.7%
6 Month11.09%
12 Month29.64%
2 Year43.36%
3 Year83.22%
5 Year170.18%
10 Year268.52%
15 Year321.14%
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)
Technical Indicators
MACD(12,26,9)0.42
RSI(14)47.62
LBB67.75
UBB80.55
74.92
-0.26 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.35%
1 Week0.38%
2 Weeks8.33%
1 Month-4.34%
3 Month-9.7%
6 Month11.09%
12 Month29.64%
2 Year43.36%
3 Year83.22%
5 Year170.18%
10 Year268.52%
15 Year321.14%
Volatility
ATR(14)4.68
ATR(20)%5.34%
ATR Inc-32.44%
Range Today2.87
ADR(20)3.59
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.4
Mansfield1.02
10 Day High79.65
10 Day Low63.67
20 Day High81.31
20 Day Low63.67
52 Week High91.12
52 Week Low57.52
CS1 End67.57
CR1 Start75.44
Volume & EV
DER(3)0.13%
DER(5)-0.24%
Volume358.40K
Volume Incr-25.42%
Vol(5)327.56K
Vol(50)413.33K