SHF HOLDINGS INC (SHFS) Technical Analysis
NASDAQ:SHFS • US8244303009
Current stock price
SHFS Technical Rating and Analysis
Overall SHFS gets a technical rating of 0 out of 10. SHFS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SHFS is a bad performer in the overall market: 94% of all stocks are doing better.
- SHFS is one of the lesser performing stocks in the Financial Services industry. 86% of 100 stocks in the same industry do better.
- SHFS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SHFS is lagging the market.
- In the last month SHFS has a been trading in the 0.75 - 1.05 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
SHFS Weekly and Daily overview Charts
SHFS Setup Rating and Analysis
Although the technical rating is bad, SHFS 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 SHFS 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
SHFS Support and Resistance Analysis
0.77
We can see 3 important resistance areas.
- A resistance zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.06 from a horizontal line in the daily time frame.
SHFS Technical Indicator Signal Analysis
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 SHFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHFS is down. |
| ChartMill Relative Strength | 6.04 | NEGATIVE | SHFS has a low relative strength, it was outperformed by 93.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHFS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHFS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHFS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.53 | NEUTRAL | The RSI value for SHFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SHFS has a negative trend. |
| Stochastics (14,3) | 16.66 | OVERSOLD | The low Stochastics value suggests SHFS may be oversold. |
| Average True Range in percent/ATR (20) | 12.58 | HIGH VOLATILITY | The high ATR as a percentage value for SHFS suggests high volalility. |
| Average Directional Index/ADX (14) | 7.84 | NEGATIVE | The low ADX value for SHFS suggests a weak or negative trend. |
SHFS Chart- and CandleStick Pattern Analysis
SHFS Technicals: Chart, Performance Metrics, Trend & Indicators
0.782
-0.02 (-2.25%)
SHF HOLDINGS INC / SHFS TA FAQ
What is the ChartMill technical rating of SHF HOLDINGS INC (SHFS) stock?
ChartMill assigns a technical rating of 0 / 10 to SHFS.
Can you provide the trend direction for SHF HOLDINGS INC?
The current trend direction for SHF HOLDINGS INC (SHFS) is Bearish.
What is the RSI signal for SHF HOLDINGS INC (SHFS) stock?
SHF HOLDINGS INC (SHFS) has an RSI value of 41.5276. This indicates that the stock is currently neutral.
What is the buy/sell signal for SHF HOLDINGS INC (SHFS) stock?
The buy/sell signal for SHF HOLDINGS INC (SHFS) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SHFS stock?
SHF HOLDINGS INC (SHFS) has a resistance level at 0.83. Check the full technical report for our detailed analysis of SHFS support and resistance levels.