SONY GROUP CORP - SP ADR (SONY) Stock Technical Analysis
NYSE:SONY - New York Stock Exchange, Inc. - US8356993076 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to SONY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SONY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SONY did better than 95% of all other stocks. On top of that, SONY also shows a nice and consistent pattern of rising prices.
SONY is part of the Household Durables industry. There are 64 other stocks in this industry. SONY outperforms 98% of them.
SONY is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month SONY has a been trading in the 20.42 - 25.44 range, which is quite wide. It is currently trading near the high of this range.
SONY has an average volume of 5852430 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.
SONY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.21, a Stop Loss order could be placed below this zone.
More info and screens
20.07
25.90
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.51 to 24.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.37 from a trend line in the weekly time frame.
- A support zone ranging from 21.67 to 21.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.24 from a horizontal line in the daily time frame.
- Support @20.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.23 to 25.64. This zone is formed by a combination of multiple trend lines 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
CRS95.06
Mansfield2.92
10 Day High25.23
10 Day Low22.29
20 Day High25.44
20 Day Low20.42
52 Week High25.78
52 Week Low15.02
Performance
1 Week4%
2 Weeks8.94%
1 Month-2.61%
3 Month19.88%
6 Month41.71%
12 Month51.65%
2 Year39.23%
3 Year45.09%
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)0.23
RSI(14)59
LBB21.19
UBB25.8
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.65 | 23.50 | 2.15 (8.38%) | 11.93% |
| An entry @25.65. This is a Buy Stop order right above the resistance zone. | An exit @23.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.15 points, which is 8.38%. | For a 1.00% total portfolio risk, you can invest 11.93% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
24.97
-0.15 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.6%
1 Week4%
2 Weeks8.94%
1 Month-2.61%
3 Month19.88%
6 Month41.71%
12 Month51.65%
2 Year39.23%
3 Year45.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%3.62%
ATR Inc-63.28%
Range Today0.27
ADR(20)0.69
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.06
Mansfield2.92
10 Day High25.23
10 Day Low22.29
20 Day High25.44
20 Day Low20.42
52 Week High25.78
52 Week Low15.02
CS1 End24.21
CR1 Start25.23
Volume & EV
DER(3)2.78%
DER(5)2.31%
Volume2.60M
Volume Incr-53.53%
Vol(5)3.40M
Vol(50)5.85M