SHENANDOAH TELECOMMUNICATION (SHEN) Stock Technical Analysis
USA - NASDAQ:SHEN - US82312B1061 - Common Stock
We assign a technical rating of 0 out of 10 to SHEN. SHEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SHEN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.79
We can see 3 important resistance areas.
- A resistance zone ranging from 11.97 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.87 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.55 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SHEN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHEN is down. |
| ChartMill Relative Strength | 19.14 | NEGATIVE | SHEN has a low relative strength, it was outperformed by 80.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.32 | OVERSOLD | The low RSI value suggests SHEN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SHEN has a negative trend. |
| Stochastics (14,3) | 3.44 | OVERSOLD | The low Stochastics value suggests SHEN may be oversold. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for SHEN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for SHEN suggests a weak or negative trend. |
10.9
-0.36 (-3.2%)
SHENANDOAH TELECOMMUNICATION / SHEN FAQ
Can you provide the ChartMill technical rating for SHENANDOAH TELECOMMUNICATION?
ChartMill assigns a technical rating of 0 / 10 to SHEN.
What is the trend direction for SHEN stock?
The current trend direction for SHENANDOAH TELECOMMUNICATION (SHEN) is Bearish.
What is the RSI signal for SHENANDOAH TELECOMMUNICATION (SHEN) stock?
SHENANDOAH TELECOMMUNICATION (SHEN) has an RSI value of 23.3233. This indicates that the stock is currently oversold.
What is the MACD signal for SHENANDOAH TELECOMMUNICATION (SHEN) stock?
The MACD indicator for SHENANDOAH TELECOMMUNICATION (SHEN) has a value of -0.193458, indicating a bearish trend.
What is the short term momentum for SHENANDOAH TELECOMMUNICATION (SHEN) stock?
The short term momentum for SHENANDOAH TELECOMMUNICATION (SHEN) is negative.