Scorpio Bulkers Inc (SALT)

20.03  +0.9 (+4.7%)

After market: 20.19 +0.16 (+0.8%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SALT. SALT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

SALT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SALT is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SALT has a been trading in the 15.30 - 20.09 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SALT turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SALT Weekly chart
SALT Daily chart
Setup Rating and Analysis

3

Although SALT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

15.17

20.23

4 important support areas can be observed.

  • A support zone ranging from 17.11 to 17.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.24 from a trend line in the daily time frame.
  • Support @15.70 from a horizontal line in the daily time frame.
  • Support @15.32 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.97
Mansfield-0.88
10 Day High20.09
10 Day Low15.3
20 Day High20.09
20 Day Low15.3
52 Week High43
52 Week Low10.7
Performance
1 Week24.33%
2 Weeks13.36%
1 Month13.55%
3 Month66.5%
6 Month54.67%
12 Month-41.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.23
RSI(14)65.91
LBB14.98
UBB20.06
SALT Daily chart

Scorpio Bulkers Inc

NYSE:SALT (2/5/2021, 7:04:00 PM)

After market: 20.19 +0.16 (+0.8%)

20.03

+0.9 (+4.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.7%
1 Week24.33%
2 Weeks13.36%
1 Month13.55%
3 Month66.5%
6 Month54.67%
12 Month-41.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.23
ATR(20)%6.22%
ATR Inc
Range Today1.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.09
10 Day Low15.3
20 Day High20.09
20 Day Low15.3
52 Week High43
52 Week Low10.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume188.10K
Volume Incr20.14%
Vol(5)221.68K
Vol(50)194.90K