Technical Analysis for 0ML0 - Sonae SGPS SA

Grade Last Price % Change Price Change
F 0.86 0.23% 0.00
0ML0 closed up 0.23 percent on Friday, March 1, 2024, on 0 percent of normal volume. It ran into resistance at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 15
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
200 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Upper Bollinger Band Touch Strength 0.00%
Below Lower BB Weakness 0.00%

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Profile

Sonae SGPS SA Description

Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size" brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. is a subsidiary of Efanor Investimentos SGPS, SA.


Classification

Keywords: Financial Services Retailers Retailing Telecommunication Services Consumer Electronics Real Estate Properties Retail Stores Economy Of Portugal Continente Online Purchases

Is 0ML0 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.163
52 Week Low 0.813
Average Volume 1,409,720
200-Day Moving Average 0.96
50-Day Moving Average 0.94
20-Day Moving Average 0.90
10-Day Moving Average 0.89
Average True Range 0.06
RSI (14) 28.57
ADX 32.63
+DI 2.28
-DI 10.24
Chandelier Exit (Long, 3 ATRs) 0.78
Chandelier Exit (Short, 3 ATRs) 1.04
Upper Bollinger Bands 0.95
Lower Bollinger Band 0.86
Percent B (%b) -0.04
BandWidth 10.00
MACD Line -0.02
MACD Signal Line -0.02
MACD Histogram -0.0041
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.02
Resistance 3 (R3) 1.04 1.00 0.99
Resistance 2 (R2) 1.00 0.96 0.99 0.98
Resistance 1 (R1) 0.93 0.93 0.91 0.91 0.97
Pivot Point 0.89 0.89 0.88 0.88 0.89
Support 1 (S1) 0.82 0.85 0.80 0.80 0.74
Support 2 (S2) 0.78 0.82 0.77 0.73
Support 3 (S3) 0.71 0.78 0.72
Support 4 (S4) 0.69