SCILEX HOLDING CO (SCLX) Stock Technical Analysis
USA - NASDAQ:SCLX - US80880W2052 - Common Stock
Taking everything into account, SCLX scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SCLX is a bad performer.
SCLX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
13.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.73 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.50 from a horizontal line in the daily time frame.
- Support @14.22 from a trend line in the daily time frame.
- Support @13.92 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @19.72 from a horizontal line in the daily time frame.
- Resistance @25.53 from a trend 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 | UP | POSITIVE | The long term trend for SCLX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCLX is neutral. |
| ChartMill Relative Strength | 22.62 | NEGATIVE | SCLX has a low relative strength, it was outperformed by 77.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SCLX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.05 | NEUTRAL | The RSI value for SCLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests SCLX has a positive trend. |
| Stochastics (14,3) | 64.49 | NEUTRAL | The Stochastics value for SCLX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for SCLX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.57 | NEUTRAL | The ADX value for SCLX suggests a possible start of a new trend. |
18.81
+1.86 (+11.01%)
SCILEX HOLDING CO / SCLX FAQ
Can you provide the ChartMill technical rating for SCILEX HOLDING CO?
ChartMill assigns a technical rating of 5 / 10 to SCLX.
What is the trend direction for SCLX stock?
The current trend direction for SCILEX HOLDING CO (SCLX) is Bullish.
Can you provide the RSI signal for SCILEX HOLDING CO?
SCILEX HOLDING CO (SCLX) has an RSI value of 53.0514. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SCILEX HOLDING CO?
The MACD indicator for SCILEX HOLDING CO (SCLX) has a value of 0.483621, indicating a bearish trend.
Can you provide the support and resistance levels for SCILEX HOLDING CO?
SCILEX HOLDING CO (SCLX) has a support level at 18.8 and a resistance level at 19.72. Check the full technical report for our detailed analysis of SCLX support and resistance levels.