NYSE:SHCO - US5860011098 - Common Stock
We assign a technical rating of 10 out of 10 to SHCO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHCO is showing a nice and steady performance.
Besides having an excellent technical rating, SHCO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
4.86
6 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 SHCO is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHCO is up. |
ChartMill Relative Strength | 90.55 | POSITIVE | SHCO has a high relative strength, it outperformed 90.55% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHCO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHCO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHCO is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 78.34 | OVERBOUGHT | The high RSI value suggests SHCO may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SHCO has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 97.01 | OVERBOUGHT | The high Stochastics value suggests SHCO may be overbought. |
Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for SHCO suggests some volalility. |
Average Directional Index/ADX (14) | 48.44 | POSITIVE | The high ADX value value for SHCO suggests a strong 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 |
---|---|---|---|
8.86 | 8.80 | 0.06 (0.68%) | 25.00% |
An entry @8.86. This is a Buy Stop order right above the resistance zone. | An exit @8.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 0.68%. | For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade. |
8.84
+0.01 (+0.11%)