SONNET BIOTHERAPEUTICS HOLDI (SONN) Stock Technical Analysis
NASDAQ:SONN - Nasdaq - US83548R4020 - Common Stock
We assign a technical rating of 0 out of 10 to SONN. 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.
100% of all other stocks performed better in the past year than SONN.
SONN is one of the lesser performing stocks in the Biotechnology industry. 90% of 572 stocks in the same industry do better.
SONN 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 SONN has a been trading in the 1.41 - 2.52 range, which is quite wide. It is currently trading near the lows of this range.
SONN has an average volume of 1744000 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.
Although the technical rating is bad, SONN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SONN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.53
1.71
When analyzing the support we can see 2 important areas.
- Support @1.69 from a trend line in the weekly time frame.
- A support zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS0.69
Mansfield-8.38
10 Day High2.52
10 Day Low1.44
20 Day High2.52
20 Day Low1.41
52 Week High18.72
52 Week Low1.41
Performance
1 Week-2.53%
2 Weeks-12%
1 Month-4.35%
3 Month-74.38%
6 Month-77.62%
12 Month-86.82%
2 Year-99.24%
3 Year-99.81%
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)0.06
RSI(14)36.95
LBB1.35
UBB1.84
SONNET BIOTHERAPEUTICS HOLDI
NASDAQ:SONN (1/22/2025, 2:52:41 PM)
1.69
+0.15 (+9.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.74%
1 Week-2.53%
2 Weeks-12%
1 Month-4.35%
3 Month-74.38%
6 Month-77.62%
12 Month-86.82%
2 Year-99.24%
3 Year-99.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%11.25%
ATR Inc-49.37%
Range Today0.23
ADR(20)0.17
ADR(20)%10.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.69
Mansfield-8.38
10 Day High2.52
10 Day Low1.44
20 Day High2.52
20 Day Low1.41
52 Week High18.72
52 Week Low1.41
CS1 EndN/A
CR1 Start1.55
Volume & EV
DER(3)-0.85%
DER(5)4.58%
Volume155.16K
Volume Incr-49.66%
Vol(5)152.90K
Vol(50)1.74M