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(SQNS) Sequans Communications complete technical analysis [charts+indicators] | Buy/Sell Sequans Communications | (SQNS) share price targets

Complete technical analysis of Sequans Communications (SQNS) by charts plus indicators, forecast predictions and share price targets for Sequans Communications (SQNS)

Sequans Communications trades in USA in Technology sector.

Showing technical analysis as on 2024-03-22 View latest technical analysis

10 day averaged volume of Sequans Communications is 427910

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	0.47	0.50	0.50	0.46	0.216 times
21 Thu Mar 2024	0.47	0.45	0.48	0.45	0.464 times
20 Wed Mar 2024	0.45	0.47	0.49	0.45	0.48 times
19 Tue Mar 2024	0.48	0.48	0.49	0.45	0.191 times
18 Mon Mar 2024	0.49	0.45	0.52	0.45	2.319 times
15 Fri Mar 2024	0.45	0.51	0.51	0.45	1.108 times
14 Thu Mar 2024	0.47	0.54	0.54	0.47	1.11 times
13 Wed Mar 2024	0.54	0.54	0.54	0.53	0.439 times
12 Tue Mar 2024	0.54	0.56	0.57	0.53	0.858 times
11 Mon Mar 2024	0.56	0.63	0.64	0.55	0.998 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.5, but if it comes above 0.5, then a intra day buy could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.3 as target. However if you take a buy trade in stock , then use 0.5 as stoploss and 0.6 as target.

Share price targets for Sequans Communications (SQNS)

Target Type	Value
Downside Target	0.45
Upside Target	0.52
Upside Target	0.55
Upside Target	0.64
Upside Target	0.66
Upside Target	0.75
Upside Target	0.91
Upside Target	2.75
Upside Target	2.80
Upside Target	2.87
Upside Target	2.90
Upside Target	2.95
Upside Target	2.97

Intraday share price targets for Sequans Communications (SQNS)

Target Type	Value
Downside Intraday Target	0.44
Downside Intraday Target	0.41
Upside Intraday Target	0.51
Upside Intraday Target	0.55
Upside Intraday Target	0.48

Weekly technical analysis of Sequans Communications (SQNS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	0.47	0.45	0.52	0.45	0.813 times
15 Fri Mar 2024	0.45	0.63	0.64	0.45	0.599 times
08 Fri Mar 2024	0.61	0.71	0.75	0.55	0.549 times
01 Fri Mar 2024	0.70	0.91	0.91	0.66	0.414 times
23 Fri Feb 2024	0.90	2.87	2.87	0.66	114.243 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sequans Communications (SQNS)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	0.47	0.67	0.75	0.45	0.399 times
29 Thu Feb 2024	0.67	2.93	2.97	0.66	6.81 times
31 Wed Jan 2024	2.95	2.83	2.95	2.75	1.512 times
29 Fri Dec 2023	2.83	2.88	2.90	2.76	0.702 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sequans Communications (SQNS)

Price action analysis of Sequans Communications ( (SQNS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sequans Communications ( (SQNS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sequans Communications ( (SQNS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sequans Communications ( (SQNS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sequans Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sequans Communications in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sequans Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Sequans Communications in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sequans Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.49 and Sequans Communications (SQNS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sequans Communications (SQNS) stock. Volume based technical analysis of Sequans Communications (SQNS) stock is negative.

Sequans Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.