NASDAQ:SHIM - Nasdaq - US82455M1099 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SHIM. SHIM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SHIM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
1.46
4 important support areas can be observed.
2 important resistance areas can be observed.
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 SHIM is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHIM is up. |
ChartMill Relative Strength | 69.97 | NEUTRAL | SHIM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHIM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHIM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHIM is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.59 | NEUTRAL | The RSI value for SHIM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SHIM has a positive trend. |
Stochastics (14,3) | 66.51 | NEUTRAL | The Stochastics value for SHIM is a neutral value. |
Average True Range in percent/ATR (20) | 8.65 | HIGH VOLATILITY | The high ATR as a percentage value for SHIM suggests high volalility. |
Average Directional Index/ADX (14) | 27.56 | POSITIVE | The high ADX value value for SHIM suggests a strong trend. |
1.71
0 (0%)