SCE TRUST VI - EIX 5 PERP (SCE-L) Stock Technical Analysis
NYSE:SCE-L - New York Stock Exchange, Inc. - US78410V2007 - Currency: USD
We assign a technical rating of 5 out of 10 to SCE-L. Recently some decent action could be observed, but in the medium term time frame this is still negative. SCE-L was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, SCE-L does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.51, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.60
When analyzing the support we notice one important area.
- A support zone ranging from 15.76 to 16.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.03 to 17.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.64 from a horizontal line in the weekly time frame.
- Resistance @21.12 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SCE-L is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCE-L is up. |
| ChartMill Relative Strength | 22.63 | NEGATIVE | SCE-L has a low relative strength, it was outperformed by 77.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCE-L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCE-L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCE-L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.56 | NEUTRAL | The RSI value for SCE-L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SCE-L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.08 | OVERBOUGHT | The high Stochastics value suggests SCE-L may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for SCE-L suggests low volalility. |
| Average Directional Index/ADX (14) | 28.48 | POSITIVE | The high ADX value value for SCE-L suggests a strong trend. |
NYSE:SCE-L (8/15/2025, 8:04:00 PM)
17.02
-0.16 (-0.95%)