SIDU Technical Analysis - SIDUS SPACE INC-CL A

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to SIDU. SIDU'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.

When comparing the yearly performance of all stocks, SIDU is a bad performer in the overall market: 94% of all stocks are doing better.

SIDU is one of the lesser performing stocks in the Aerospace & Defense industry. 86% of 68 stocks in the same industry do better.

SIDU 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 SIDU has a been trading in the 1.08 - 1.78 range, which is quite wide. It is currently trading near the high of this range.

SIDU has an average volume of 1498440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SIDUS SPACE INC-CL A / SIDU Weekly stock chart

SIDUS SPACE INC-CL A / SIDU Daily stock chart

Setup Rating and Analysis

The technical rating of SIDU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.15

1.80

2 important support areas can be observed.

A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.16 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 1.32 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @1.69 from a trend line in the daily time frame.
Resistance @1.78 from a trend line in the daily time frame.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for SIDU is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for SIDU is neutral.
ChartMill Relative Strength	6.37	NEGATIVE	SIDU has a low relative strength, it was outperformed by 93.63% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SIDU is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SIDU is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of SIDU is below the rising SMA(200).
Relative Strength Index/RSI (14)	56.12	NEUTRAL	The RSI value for SIDU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests SIDU has a positive trend.
Stochastics (14,3)	48.08	NEUTRAL	The Stochastics value for SIDU is a neutral value.
Average True Range in percent/ATR (20)	6.8	HIGH VOLATILITY	The high ATR as a percentage value for SIDU suggests high volalility.
Average Directional Index/ADX (14)	17.03	NEGATIVE	The low ADX value for SIDU suggests a weak or negative trend.