We assign a technical rating of 1 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.
Although the technical rating is bad, SHEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SHEN 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.
More info and screens
11.20
4 important resistance areas can be observed.
- A resistance zone ranging from 11.50 to 11.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.20 from a trend line in the weekly time frame.
- Resistance @12.80 from a trend line in the weekly time frame.
- Resistance @13.07 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for SHEN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHEN is neutral. |
| ChartMill Relative Strength | 20.84 | NEGATIVE | SHEN has a low relative strength, it was outperformed by 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHEN is above the rising 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) | 48.69 | NEUTRAL | The RSI value for SHEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SHEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.17 | NEUTRAL | The Stochastics value for SHEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SHEN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.1 | NEGATIVE | The low ADX value for SHEN suggests a weak or negative trend. |
11.31
-0.1 (-0.88%)
SHENANDOAH TELECOMMUNICATION / SHEN FAQ
Can you provide the ChartMill technical rating for SHENANDOAH TELECOMMUNICATION?
ChartMill assigns a technical rating of 1 / 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 48.6889. This indicates that the stock is currently neutral.
What is the MACD signal for SHENANDOAH TELECOMMUNICATION (SHEN) stock?
The MACD indicator for SHENANDOAH TELECOMMUNICATION (SHEN) has a value of 0.016017, indicating a bearish trend.
What is the short term momentum for SHENANDOAH TELECOMMUNICATION (SHEN) stock?
The short term momentum for SHENANDOAH TELECOMMUNICATION (SHEN) is neutral.