STABLEX TECHNOLOGIES INC (SBLX) Stock Technical Analysis
USA - NASDAQ:SBLX - US0547483067 - Common Stock
Overall SBLX gets a technical rating of 1 out of 10. SBLX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of SBLX is bad and it also does not present a 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.
More info and screens
3.42
We can see 2 important resistance areas.
- A resistance zone ranging from 5.97 to 6.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.31 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SBLX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBLX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SBLX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBLX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 28.43 | OVERSOLD | The low RSI value suggests SBLX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SBLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.88 | OVERSOLD | The low Stochastics value suggests SBLX may be oversold. |
| Average True Range in percent/ATR (20) | 16.59 | HIGH VOLATILITY | The high ATR as a percentage value for SBLX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.59 | NEUTRAL | The ADX value for SBLX suggests a possible start of a new trend. |
3.45
-0.01 (-0.29%)
STABLEX TECHNOLOGIES INC / SBLX FAQ
What is the ChartMill technical rating of STABLEX TECHNOLOGIES INC (SBLX) stock?
ChartMill assigns a technical rating of 1 / 10 to SBLX.
Can you provide the trend direction for STABLEX TECHNOLOGIES INC?
The current trend direction for STABLEX TECHNOLOGIES INC (SBLX) is Bullish.
What is the RSI signal for STABLEX TECHNOLOGIES INC (SBLX) stock?
STABLEX TECHNOLOGIES INC (SBLX) has an RSI value of 28.4319. This indicates that the stock is currently oversold.
What is the MACD signal for STABLEX TECHNOLOGIES INC (SBLX) stock?
The MACD indicator for STABLEX TECHNOLOGIES INC (SBLX) has a value of -0.158033, indicating a bearish trend.
What is the short term momentum for SBLX stock?
The short term momentum for STABLEX TECHNOLOGIES INC (SBLX) is negative.