What’s Better: Soligenix, Inc. ($SNGX) or Milestone Pharmaceuticals Inc. ($MIST)

2019-08-16 | Welcome! Today we compared how two different stocks in the Major Pharmaceuticals industry are trading: Soligenix, Inc. and Milestone Pharmaceuticals Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Soligenix, Inc. opened at 1.02, got to a maximum price of 1.07 and dropped to as low as 1.01 before finishing the session at 1.05. In total there were 44500 shares traded, which is enough to conduct our analysis. Compare that now to Milestone Pharmaceuticals Inc., which opened at 18.24, had a high of 18.33, a low of 17.325, closed at 18.01 and had a total volume of 12400.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Soligenix, Inc. Milestone Pharmaceuticals Inc.
Accumulation-distribution index 8.177 401.46333
on-balance volume 1.03 -17.25
chaikin money flow

1.4 21.33333
force index

0.0063 1.58982
ease of movement rating

-0.00025 0.06218
volume-price trend

0.22813 -1.60183
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Soligenix, Inc. Milestone Pharmaceuticals Inc.
Average true range 0.03973 0.90063
Bolinger bands 1.04828 17.80496
Upper bollinger band 0.99172 16.32004
Lower bollinger band

1.01 17.325
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

1.03333 17.965
High band keltner channel

0.98333 17.875
Low band keltner channel

1.08333 18.055
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

1.01 17.325
Donchain channel low band

1.01 17.325
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Soligenix, Inc. Milestone Pharmaceuticals Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.01178
MACD signal 0.00025 -0.00654
MACD difference 0.0002 -0.00524
fast Exponential Moving Average (EMA) indicator

1.01 17.325
slow Exponential Moving Average (EMA) indicator

1.01 17.325
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.37164 0.45984

14.50701 -5.3297
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 -66.66667
Detrended Price Oscillator (DPO)

-0.17853 1.65475
KST Oscillator (KST)

214.71611 -87.18506
KST Oscillator (KST Signal)

214.71611 -87.18506
KST difference

6.01345 -6.91526
Ichimoku rating

1.045 18.285
Ichimoku B rating

1.045 18.285
Ichimoku visual trend A

0.91133 20.43614
Ichimoku visual trend B

0.9936 20.05549
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Soligenix, Inc. Milestone Pharmaceuticals Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 15.50674
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

94.6958 -154.6747
stochastic oscillator

120.0 1116.66667
stochastic oscillator signal

120.0 1116.66667
Williams %R rating

20.0 1016.66667
awesome oscillator

0.01917 -0.29445

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Soligenix, Inc. and Milestone Pharmaceuticals Inc..

Daily return 21.47161 -8.71851
Daily log return 1.96085 -3.07717
Cumulative return 1.9802 -3.0303

So there you have it: our deep, grueling analysis comparing Soligenix, Inc. and Milestone Pharmaceuticals Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Soligenix, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether SNGX is strong or weak. Again – this is not a reliable indication of whether Soligenix, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Milestone Pharmaceuticals Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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