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Sanmina Corporation

SANM Technical Analysis Summary (NASDAQ)

Analyze SANM on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SANMNASDAQ
TechnologyHardware, Equipment & Parts
$188.89
$1.83(0.96%)
U.S. Market opens in 63h 32m

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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

SANM Technical Analysis Summary (NASDAQ)

Sanmina Corporation (NASDAQ: SANM) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.49)
Trend Strength:Weak (ADX: 17.49)
Volatility:High (ATR: 12.56)
Support/Resistance:$170.99 – $222.98 (Bollinger Bands)

Technical conditions suggest Sanmina Corporation on the NASDAQ is awaiting a decisive move. This mix signals that Sanmina Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 41.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.75

Bearish
Momentum remains weak below midpoint.

Williams %R: -90.06

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.50

Bearish
Selling pressure outweighs buying.

Takeaway:Sanmina Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -4.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.49

Weak
Weak trend, market trading sideways.

ATR (14): 12.56

Rising
Rising volatility, market activity increasing.

CCI (14): -186.37

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Sanmina Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$222.98
Middle Band (SMA 20)
$196.98
Lower Band
$170.99
Current Position
Within Bands

Takeaway:Sanmina Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$226.31
Middle Line (EMA 20)
$201.19
Lower Channel
$176.07
Squeeze Status
No Squeeze

Takeaway:Sanmina Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-18.91M
Money Flow Index36.34Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.57Bearish, price momentum favors sellers.

Overall Takeaway:SANM shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Sanmina Corporation (NASDAQ: SANM), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Sanmina Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: SANM) Technical Analysis FAQ