SOLARCITY CORP (SCTY)
US83416T1007
Taking everything into account, SCTY scores 2 out of 10 in our technical rating. In the past year, SCTY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SCTY is a bad performer in the overall market: 88% of all stocks are doing better.
SCTY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SCTY has a been trading in the 18.38 - 21.39 range, which is quite wide. It is currently trading near the high of this range.
SCTY has an average volume of 3775270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SCTY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.14, 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
18.36
21.06
We found 3 important support areas.
- A support zone ranging from 19.91 to 20.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.05 from a trend line in the daily time frame.
- A support zone ranging from 18.55 to 18.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.42 to 20.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.59
Mansfield-2.7
10 Day High21.19
10 Day Low19.07
20 Day High21.39
20 Day Low18.38
52 Week High58.87
52 Week Low16.2
Performance
1 Week0.64%
2 Weeks0.79%
1 Month1.75%
3 Month-13.45%
6 Month-7.29%
12 Month-29.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)53.74
LBB18.51
UBB21.18
SOLARCITY CORP
NASDAQ:SCTY (11/18/2016, 7:10:00 PM)
Premarket: 20.37 +0.03 (+0.15%)20.34
-0.06 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week0.64%
2 Weeks0.79%
1 Month1.75%
3 Month-13.45%
6 Month-7.29%
12 Month-29.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.02
ATR(20)%4.87%
ATR Inc
Range Today0.85
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.19
10 Day Low19.07
20 Day High21.39
20 Day Low18.38
52 Week High58.87
52 Week Low16.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.76M
Volume Incr96.62%
Vol(5)6.99M
Vol(50)3.78M