Technical Analysis for SQNS - Sequans Communications S.A.

Grade Last Price % Change Price Change
F 0.58 4.45% 0.02
SQNS closed up 4.45 percent on Tuesday, April 16, 2024, on 13 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 1
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Down Up

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Weak + Overbought Other 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Reached Overbought Strength 4.45%
Weak + Overbought Other 4.45%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 4 hours ago
Possible NR7 about 6 hours ago
Possible Inside Day about 6 hours ago
Up 3% about 8 hours ago
Up 2% about 8 hours ago

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Profile

Sequans Communications S.A. Description

Sequans Communications S.A., together with its subsidiaries, designs, develops, and supplies 4G LTE and WiMAX semiconductor solutions for wireless broadband applications. Its solutions incorporate baseband processor and radio frequency (RF) transceiver integrated circuits along with proprietary signal processing techniques, algorithms, and software stacks. The company offers baseband solutions used to encode and decode data based on 4G protocols that serve as the wireless processing platform for a 4G device; RF transceivers used to transmit and receive wireless transmissions; and system-on-chip (SoC) solutions that integrate the baseband and RF transceiver functions. Its solutions serves as the wireless broadband communications platform in various devices, including smartphones; USB dongles; portable routers; embedded wireless modems for laptops, netbooks, tablets, and other consumer multimedia and industrial devices; and customer premise equipment, such as residential gateways. The company serves OEMs, ODMs, contract manufacturers, or system integrators, as well as distributors who provide customer communications, logistics, and support functions. It operates in Europe, the Middle East, Africa, the Americas, and Asia. Sequans Communications S.A. was founded in 2003 and is headquartered in Paris.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: Broadband Information And Communications Technology Integrated Circuits Smartphones Systems Integrator Fabless Semiconductor Companies Wireless Modem Mobile Telecommunications Wireless Networking Laptop Router Transceiver Contract Manufacturers Usb Signal Processing 4G Semiconductor Solutions Wireless Broadband Baseband Imax System On Chip Baseband Processor Customer Communications Broadband Applications Customer Premise Equipment Industrial Devices Sequans Wimax Wireless Modems

Is SQNS 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 2.97
52 Week Low 0.3417
Average Volume 663,736
200-Day Moving Average 2.35
50-Day Moving Average 1.15
20-Day Moving Average 0.48
10-Day Moving Average 0.54
Average True Range 0.07
RSI (14) 42.53
ADX 51.97
+DI 17.95
-DI 25.18
Chandelier Exit (Long, 3 ATRs) 0.38
Chandelier Exit (Short, 3 ATRs) 0.56
Upper Bollinger Bands 0.62
Lower Bollinger Band 0.34
Percent B (%b) 0.87
BandWidth 58.17
MACD Line -0.12
MACD Signal Line -0.19
MACD Histogram 0.0706
Fundamentals Value
Market Cap 36.01 Million
Num Shares 61.6 Million
EPS -0.54
Price-to-Earnings (P/E) Ratio -1.08
Price-to-Sales 3.99
Price-to-Book 20.27
PEG Ratio -19.89
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.64
Resistance 3 (R3) 0.64 0.61 0.63
Resistance 2 (R2) 0.61 0.60 0.61 0.63
Resistance 1 (R1) 0.60 0.59 0.60 0.60 0.63
Pivot Point 0.57 0.57 0.58 0.58 0.57
Support 1 (S1) 0.56 0.56 0.57 0.57 0.54
Support 2 (S2) 0.53 0.55 0.54 0.54
Support 3 (S3) 0.52 0.53 0.54
Support 4 (S4) 0.53