SOLARIS ENERGY INFRASTRUCTUR (SEI) Stock Technical Analysis
NYSE:SEI - New York Stock Exchange, Inc. - US83418M1036 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SEI. SEI was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
100% of all other stocks performed better in the past year than SEI.
SEI is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 90% are performing better than SEI.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SEI has an average volume of 1632710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SEI has a been trading in the 27.66 - 36.40 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 the technical rating is only medium, SEI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 29.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
18.15
34.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.19 to 29.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.27 to 28.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.33 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @32.66 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 33.72 to 33.85. 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 SEI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SEI is neutral. |
| 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) | DOWN | NEGATIVE | The current price of SEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SEI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.07 | NEUTRAL | The RSI value for SEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SEI has a negative trend. |
| Stochastics (14,3) | 49.43 | NEUTRAL | The Stochastics value for SEI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for SEI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.79 | NEUTRAL | The ADX value for SEI suggests a possible start of a new 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)
30.01
-2.66 (-8.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-8.14%
1 Week-7.66%
2 Weeks2.81%
1 Month-8.11%
3 Month28.36%
6 Month9.97%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.48
ATR(20)%7.42%
ATR Inc12.11%
Range Today2.72
ADR(20)2
ADR(20)%6.65%
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 High36.4
10 Day Low27.66
20 Day High36.4
20 Day Low27.66
52 Week HighN/A
52 Week LowN/A
CS1 End29.62
CR1 Start32.66
Volume & EV
DER(3)1.53%
DER(5)-0.38%
Volume2.68M
Volume Incr34.77%
Vol(5)2.25M
Vol(50)1.63M