SONNET BIOTHERAPEUTICS HOLDI (SONN)

US83548R3030 - Common Stock

1.61  -0.11 (-6.4%)

After market: 1.56 -0.05 (-3.11%)

Technical Rating and Analysis

0

Overall SONN gets a technical rating of 0 out of 10. SONN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SONN is a bad performer in the overall market: 100% of all stocks are doing better.
SONN is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 93% are performing better than SONN.
SONN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month SONN has a been trading in the 1.57 - 4.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SONN has an average volume of 1653850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SONN Weekly chart
SONN Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, SONN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

1.59

3.13

2 important resistance areas can be observed.

  • Resistance @2.45 from a trend line in the daily time frame.
  • Resistance @3.10 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.59
Mansfield-8.47
10 Day High4.85
10 Day Low1.57
20 Day High4.85
20 Day Low1.57
52 Week High18.72
52 Week Low1.57
Performance
1 Week-15.71%
2 Weeks-20.3%
1 Month-47.04%
3 Month-79.87%
6 Month-79.46%
12 Month-88.76%
2 Year-99.2%
3 Year-99.84%
5 YearN/A
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)24.43
LBB1.39
UBB2.62
SONN Daily chart

SONNET BIOTHERAPEUTICS HOLDI

NASDAQ:SONN (12/18/2024, 8:00:02 PM)

After market: 1.56 -0.05 (-3.11%)

1.61

-0.11 (-6.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.4%
1 Week-15.71%
2 Weeks-20.3%
1 Month-47.04%
3 Month-79.87%
6 Month-79.46%
12 Month-88.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%25.63%
ATR Inc
Range Today0.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.85
10 Day Low1.57
20 Day High4.85
20 Day Low1.57
52 Week High18.72
52 Week Low1.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume329.04K
Volume Incr-89.92%
Vol(5)273.99K
Vol(50)1.65M