SONNET BIOTHERAPEUTICS HOLDI (SONN) Stock Technical Analysis
NASDAQ:SONN - Nasdaq - US83548R4020 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SONN. Recently some decent action could be observed, but in the medium term time frame this is still negative. SONN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SONN is a bad performer in the overall market: 95% of all stocks are doing better.
SONN is part of the Biotechnology industry. There are 566 other stocks in this industry, of which 69% are performing better than SONN.
SONN is currently trading near the lower end of its 52 week range, which is not a good sign. SONN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SONN has a been trading in the 1.10 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SONN 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
1.25
1.53
When analyzing the support we notice one important area.
- Support @1.26 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.84
Mansfield-7.11
10 Day High1.53
10 Day Low1.22
20 Day High1.7
20 Day Low1.1
52 Week High16
52 Week Low1.1
Performance
1 Week9.26%
2 Weeks4.78%
1 Month4.78%
3 Month-14.91%
6 Month-67.5%
12 Month-90.57%
2 Year-96.67%
3 Year-99.81%
5 Year-99.99%
10 YearN/A
15 YearN/A
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)0.03
RSI(14)54.29
LBB1.17
UBB1.47
1.404
-0.09 (-5.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.77%
1 Week9.26%
2 Weeks4.78%
1 Month4.78%
3 Month-14.91%
6 Month-67.5%
12 Month-90.57%
2 Year-96.67%
3 Year-99.81%
5 Year-99.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.46%
ATR Inc40.62%
Range Today0.1
ADR(20)0.11
ADR(20)%8.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.84
Mansfield-7.11
10 Day High1.53
10 Day Low1.22
20 Day High1.7
20 Day Low1.1
52 Week High16
52 Week Low1.1
CS1 End1.26
CR1 Start1.49
Volume & EV
DER(3)7.62%
DER(5)4.38%
Volume25.20K
Volume Incr9.31%
Vol(5)47.36K
Vol(50)51.99K