SOLARIS ENERGY INFRASTRUCTUR (SEI) Stock Technical Analysis
NYSE:SEI - New York Stock Exchange, Inc. - US83418M1036 - Common Stock - Currency: USD
Overall SEI gets a technical rating of 7 out of 10. 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 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 and short term trends are both positive. This is looking good!
SEI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SEI has an average volume of 1586090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SEI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 29.28, 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
18.09
34.10
2 important support areas can be observed.
- A support zone ranging from 28.89 to 29.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.27 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @33.76 from a trend line 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 | 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 | POSITIVE | The current price of SEI is above the rising 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) | 60.66 | NEUTRAL | The RSI value for SEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SEI has a positive trend. |
| Stochastics (14,3) | 63.65 | NEUTRAL | The Stochastics value for SEI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for SEI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.08 | 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 |
|---|---|---|---|
| 33.77 | 28.88 | 4.89 (14.48%) | 6.91% |
| An entry @33.77. This is a Buy Stop order right above the resistance zone. | An exit @28.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.89 points, which is 14.48%. | When investing 6.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
33.26
-0.54 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.6%
1 Week13.09%
2 Weeks11.31%
1 Month14.37%
3 Month42.26%
6 Month21.88%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.33
ATR(20)%6.73%
ATR Inc40.34%
Range Today2.64
ADR(20)2.06
ADR(20)%6.19%
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 Low27.65
52 Week HighN/A
52 Week LowN/A
CS1 End29.28
CR1 Start33.76
Volume & EV
DER(3)-0.16%
DER(5)0.7%
Volume2.45M
Volume Incr96.09%
Vol(5)2.77M
Vol(50)1.59M