SCICLONE PHARMACEUTICALS INC (SCLN) Technical Analysis
NASDAQ:SCLN • US80862K1043
Current stock price
SCLN Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SCLN. Although SCLN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- SCLN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, SCLN outperforms 64% of them, which is more or less in line with the market.
- In the last month SCLN has a been trading in a tight range between 11.05 and 11.20.
- Volume is considerably higher in the last couple of days.
SCLN Weekly and Daily overview Charts
SCLN Setup Rating and Analysis
SCLN has only a medium technical rating, but it does show a decent setup pattern. 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 11.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.15, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
SCLN Support and Resistance Analysis
9.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.89 to 11.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.73 to 9.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.19 to 11.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
SCLN Technical Indicator Signal Analysis
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 SCLN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCLN is up. |
| ChartMill Relative Strength | 64.39 | NEUTRAL | SCLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SCLN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.43 | NEUTRAL | The RSI value for SCLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SCLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for SCLN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for SCLN suggests low volalility. |
SCLN Chart- and CandleStick Pattern Analysis
SCLN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.27 | 11.04 | 0.23 (2.04%) | 25.00% |
| An entry @11.27. This is a Buy Stop order right above the resistance zone. | An exit @11.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 2.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SCLN Technicals: Chart, Performance Metrics, Trend & Indicators
11.15
0 (0%)
SCICLONE PHARMACEUTICALS INC / SCLN TA FAQ
What is the ChartMill technical rating of SCICLONE PHARMACEUTICALS INC (SCLN) stock?
ChartMill assigns a technical rating of 6 / 10 to SCLN.
What is the current trend direction of SCICLONE PHARMACEUTICALS INC (SCLN) stock?
The current trend direction for SCICLONE PHARMACEUTICALS INC (SCLN) is Bullish.
What is the RSI signal for SCICLONE PHARMACEUTICALS INC (SCLN) stock?
SCICLONE PHARMACEUTICALS INC (SCLN) has an RSI value of 54.4296. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SCICLONE PHARMACEUTICALS INC?
The short term momentum for SCICLONE PHARMACEUTICALS INC (SCLN) is positive.
Can you provide the buy/sell signal for SCICLONE PHARMACEUTICALS INC?
The buy/sell signal for SCICLONE PHARMACEUTICALS INC (SCLN) is buy as both the short term and long term trends are positive.