SDST Technical Analysis - STARDUST POWER INC

Technical Rating and Analysis

Overall SDST gets a technical rating of 1 out of 10. SDST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

100% of all other stocks performed better in the past year than SDST.

SDST is one of the lesser performing stocks in the Electrical Equipment industry. 92% of 92 stocks in the same industry do better.

SDST is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month SDST has a been trading in the 2.58 - 4.29 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

SDST has an average volume of 10924100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

STARDUST POWER INC / SDST Weekly stock chart

STARDUST POWER INC / SDST Daily stock chart

Setup Rating and Analysis

The technical rating of SDST is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.66

6.95

When analyzing the support we notice one important area.

Support @2.69 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 4.06 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @4.34 from a trend line in the daily time frame.
Resistance @6.88 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for SDST is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SDST is down.
ChartMill Relative Strength	0.85	NEGATIVE	SDST has a low relative strength, it was outperformed by 99.15% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SDST is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of SDST is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SDST is below a declining SMA(200).
Relative Strength Index/RSI (14)	31.63	NEUTRAL	The RSI value for SDST is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.12	NEGATIVE	The MACD value suggests SDST has a negative trend, although the MACD value is rising.
Stochastics (14,3)	11.88	OVERSOLD	The low Stochastics value suggests SDST may be oversold.
Average True Range in percent/ATR (20)	10.57	HIGH VOLATILITY	The high ATR as a percentage value for SDST suggests high volalility.
Average Directional Index/ADX (14)	21.97	NEUTRAL	The ADX value for SDST suggests a possible start of a new trend.