SHF HOLDINGS INC (SHFS) Stock Technical Analysis
NASDAQ:SHFS - Nasdaq - US8244303009 - Common Stock - Currency: USD
Taking everything into account, SHFS scores 0 out of 10 in our technical rating. 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.
96% of all other stocks performed better in the past year than SHFS.
SHFS is part of the Financial Services industry. There are 100 other stocks in this industry, of which 91% are performing better than SHFS.
SHFS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SHFS has a been trading in the 2.02 - 2.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SHFS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
2.13
2.67
When analyzing the support we notice one important area.
- A support zone ranging from 2.15 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.63 to 2.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 4.55 | NEGATIVE | SHFS has a low relative strength, it was outperformed by 95.45% 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) | 44.88 | NEUTRAL | The RSI value for SHFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SHFS has a positive trend. |
| Stochastics (14,3) | 32.58 | NEUTRAL | The Stochastics value for SHFS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for SHFS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for SHFS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.297
+0.12 (+5.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg5.37%
1 Week3.94%
2 Weeks-7.38%
1 Month-13.65%
3 Month3%
6 Month-73.6%
12 Month-79.11%
2 Year-79.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%8.12%
ATR Inc19.17%
Range Today0.1
ADR(20)0.17
ADR(20)%7.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.55
Mansfield-7.15
10 Day High2.48
10 Day Low2.03
20 Day High2.66
20 Day Low2.02
52 Week High14.86
52 Week Low1.84
CS1 EndN/A
CR1 Start2.97
Volume & EV
DER(3)-4.38%
DER(5)-3.54%
Volume15.20K
Volume Incr-19.61%
Vol(5)7.50K
Vol(50)39.83K