SCILEX HOLDING CO (SCLX) Stock Technical Analysis
NASDAQ:SCLX - US80880W2052 - Common Stock
18.87 USD
+1.73 (+10.09%)
18.3012 USD
-0.57 (-3.01%)
Overall SCLX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCLX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
SCLX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 94% of 193 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that SCLX is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SCLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCLX is lagging the market.
In the last month SCLX has a been trading in the 12.17 - 22.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SCLX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
16.97
21.21
We found 1 important support area.
- Support @17.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.87 to 21.00. This zone is formed by a combination of multiple trend lines 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 SCLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCLX is up. |
| ChartMill Relative Strength | 97.8 | POSITIVE | SCLX has a high relative strength, it outperformed 97.8% 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 | POSITIVE | The current price of SCLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SCLX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.34 | NEUTRAL | The RSI value for SCLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SCLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.52 | NEUTRAL | The Stochastics value for SCLX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.44 | HIGH VOLATILITY | The high ATR as a percentage value for SCLX suggests high volalility. |
| Average Directional Index/ADX (14) | 51.92 | POSITIVE | The high ADX value value for SCLX suggests a strong trend. |
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)
18.87
+1.73 (+10.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg10.09%
1 Week4.37%
2 Weeks20.04%
1 Month57.78%
3 Month314.73%
6 Month63.48%
12 Month-55.81%
2 Year-81.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%13.44%
ATR Inc15.07%
Range Today3.09
ADR(20)2.42
ADR(20)%12.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.8
Mansfield0.55
10 Day High22.01
10 Day Low15.37
20 Day High22.01
20 Day Low12.17
52 Week High43.05
52 Week Low3.6
CS1 End17.14
CR1 Start20.87
Volume & EV
DER(3)-2.95%
DER(5)-6.9%
Volume466.10K
Volume Incr-2.99%
Vol(5)311.78K
Vol(50)216.23K