SES AI CORP (SES) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SES - US78397Q1094 - Common Stock
Overall SES gets a technical rating of 7 out of 10. In the last year, SES was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, SES also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SES in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5 important support areas can be observed.
- A support zone ranging from 2.03 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.91 from a horizontal line in the weekly time frame.
- Support @1.86 from a trend line in the daily time frame.
- A support zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.83 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.21 to 2.22. 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 SES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SES is up. |
| ChartMill Relative Strength | 93.24 | POSITIVE | SES has a high relative strength, it outperformed 93.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SES is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SES is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.52 | NEUTRAL | The RSI value for SES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SES has a positive trend. |
| Stochastics (14,3) | 84.23 | OVERBOUGHT | The high Stochastics value suggests SES may be overbought. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for SES suggests high volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for SES suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 2.23 | 2.02 | 0.21 (9.42%) | 10.62% |
| An entry @2.23. This is a Buy Stop order right above the resistance zone. | An exit @2.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 9.42%. | When investing 10.62% 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 SES. 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.
2.13
-0.07 (-3.18%)
SES AI CORP / SES FAQ
What is the technical rating for SES stock?
ChartMill assigns a technical rating of 7 / 10 to SES.
What is the current trend direction of SES AI CORP (SES) stock?
The current trend direction for SES AI CORP (SES) is Bullish.
What is the RSI signal for SES stock?
SES AI CORP (SES) has an RSI value of 57.5159. This indicates that the stock is currently neutral.
What is the short term momentum for SES AI CORP (SES) stock?
The short term momentum for SES AI CORP (SES) is positive.
Can you provide the buy/sell signal for SES AI CORP?
The buy/sell signal for SES AI CORP (SES) is buy as both the short term and long term trends are positive.