SOLARIS ENERGY INFRASTRUCTUR (SEI) Stock Technical Analysis
NYSE:SEI - New York Stock Exchange, Inc. - US83418M1036 - Common Stock - Currency: USD
Taking everything into account, SEI scores 7 out of 10 in our technical rating. Although SEI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SEI is a bad performer in the overall market: 100% of all stocks are doing better.
SEI is one of the lesser performing stocks in the Energy Equipment & Services industry. 88% of 63 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month SEI has a been trading in the 24.50 - 30.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SEI has an average volume of 1489450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, SEI also presents 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 28.81. Right above this resistance zone may be a good entry point.
More info and screens
24.96
30.30
2 important support areas can be observed.
- A support zone ranging from 27.14 to 27.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.21 to 25.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.81 to 29.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.00 to 30.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SEI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SEI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SEI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.15 | NEUTRAL | The RSI value for SEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SEI has a negative trend. |
| Stochastics (14,3) | 65.42 | NEUTRAL | The Stochastics value for SEI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for SEI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for SEI 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)
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 |
|---|---|---|---|
| 29.19 | 27.13 | 2.06 (7.06%) | 14.17% |
| An entry @29.19. This is a Buy Stop order right above the resistance zone. | An exit @27.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.06 points, which is 7.06%. | When investing 14.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SEI. Please evaluate whether better entry and exit points can be found.
- 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.
27.71
-1.09 (-3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.78%
1 Week2.1%
2 Weeks-7.63%
1 Month8.97%
3 Month21.22%
6 Month-1.7%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%6.49%
ATR Inc-29.22%
Range Today1.76
ADR(20)1.73
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High30.3
10 Day Low25.03
20 Day High30.33
20 Day Low24.5
52 Week HighN/A
52 Week LowN/A
CS1 End27.35
CR1 Start28.81
Volume & EV
DER(3)-0.24%
DER(5)-1.13%
Volume936.50K
Volume Incr-21.57%
Vol(5)1.23M
Vol(50)1.49M