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SomnoMed Limited

SOMNF•PNK
Healthcare
Medical - Devices
$0.51
$0.00(0.00%)
U.S. Market opens in 14h 47m

SomnoMed Limited (SOMNF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for SomnoMed Limited (PNK:SOMNF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SOMNF Technical Analysis Summary

SomnoMed Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.57)
Trend Strength:Weak (ADX: 8.99)
Volatility:Low (ATR: 0.01)
Support/Resistance:$0.47 – $0.54 (Bollinger Bands)

This mix signals that SomnoMed Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 100.00

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 8.99

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 35.90

Bullish
Bullish, momentum building upward.

Takeaway:SomnoMed Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.54
Middle Band (SMA 20)
$0.51
Lower Band
$0.47
Current Position
Within Bands

Takeaway:SomnoMed Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.52
Middle Line (EMA 20)
$0.50
Lower Channel
$0.48
Squeeze Status
No Squeeze

Takeaway:SomnoMed Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume4.00K
Money Flow Index54.59Neutral, balanced money flows with no clear signal.
Relative Vigor Index6.02Bearish, price momentum favors sellers.

Overall Takeaway:SOMNF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of SomnoMed Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:SomnoMed Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ