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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 2024-06-11 View latest technical analysis

10 day averaged volume of Sequans Communications is 123660

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	0.55	0.65	0.66	0.55	1.131 times
10 Mon Jun 2024	0.65	0.66	0.70	0.64	0.716 times
07 Fri Jun 2024	0.65	0.64	0.67	0.64	0.064 times
06 Thu Jun 2024	0.64	0.64	0.67	0.62	0.295 times
05 Wed Jun 2024	0.62	0.70	0.71	0.61	1.401 times
04 Tue Jun 2024	0.69	0.69	0.75	0.67	0.581 times
03 Mon Jun 2024	0.70	0.80	0.80	0.68	0.932 times
31 Fri May 2024	0.78	0.71	0.78	0.70	0.636 times
30 Thu May 2024	0.74	0.65	0.80	0.65	2.268 times
29 Wed May 2024	0.69	0.73	0.73	0.65	0.379 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.5 as stoploss in an intra day buy trade for a target of 0.63. However, stock will show a bearish move below 0.5.

Share price targets for Sequans Communications (SQNS)

Target Type	Value
Downside Target	0.34
Downside Target	0.39
Downside Target	0.45
Downside Target	0.47
Downside Target	0.50
Downside Target	0.55
Upside Target	0.58
Upside Target	0.61
Upside Target	0.65
Upside Target	0.70
Upside Target	0.73
Upside Target	0.75
Upside Target	0.80
Upside Target	2.97

Intraday share price targets for Sequans Communications (SQNS)

Target Type	Value
Downside Intraday Target	0.5
Downside Intraday Target	0.45
Upside Intraday Target	0.65
Upside Intraday Target	0.75
Upside Intraday Target	0.6

Weekly technical analysis of Sequans Communications (SQNS)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	0.55	0.66	0.70	0.55	0.565 times
07 Fri Jun 2024	0.65	0.80	0.80	0.61	0.544 times
31 Fri May 2024	0.78	0.68	0.80	0.65	0.423 times
24 Fri May 2024	0.68	0.50	0.73	0.50	3.247 times
17 Fri May 2024	0.52	0.51	0.58	0.47	1.298 times

Price has moved down 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
11 Tue Jun 2024	0.55	0.80	0.80	0.55	0.17 times
31 Fri May 2024	0.78	0.54	0.80	0.45	0.596 times
30 Tue Apr 2024	0.49	0.40	0.65	0.34	0.698 times
28 Thu Mar 2024	0.39	0.67	0.75	0.39	0.46 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sequans Communications ( (SQNS) ) based on a short 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sequans Communications ( (SQNS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Sequans Communications in short term but the sell signal is initial and weak.

Sequans Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Sequans Communications in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.68 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 positive

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