SIDUS SPACE INC-CL A (SIDU) Stock Technical Analysis
NASDAQ:SIDU • US8261652015
We assign a technical rating of 4 out of 10 to SIDU. In the last year, SIDU was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month SIDU has a been trading in the 1.99 - 4.40 range, which is quite wide. It is currently trading near the lows of this range.
- SIDU is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 83% of 73 stocks in the same industry.
- SIDU has an average volume of 46867600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, SIDU did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- SIDU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SIDU is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SIDU has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
2.02
We found 1 important support area.
- A support zone ranging from 2.04 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.30 from a horizontal line in the daily time frame.
- Resistance @3.31 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for SIDU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SIDU is down. |
| ChartMill Relative Strength | 95.46 | POSITIVE | SIDU has a high relative strength, it outperformed 95.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SIDU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SIDU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIDU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.59 | NEUTRAL | The RSI value for SIDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SIDU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.19 | OVERSOLD | The low Stochastics value suggests SIDU may be oversold. |
| Average True Range in percent/ATR (20) | 16.3 | HIGH VOLATILITY | The high ATR as a percentage value for SIDU suggests high volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for SIDU suggests a possible start of a new trend. |
2.07
-0.22 (-9.61%)
SIDUS SPACE INC-CL A / SIDU FAQ
What is the ChartMill technical rating of SIDUS SPACE INC-CL A (SIDU) stock?
ChartMill assigns a technical rating of 4 / 10 to SIDU.
What is the current trend direction of SIDUS SPACE INC-CL A (SIDU) stock?
The current trend direction for SIDUS SPACE INC-CL A (SIDU) is Bearish.
Can you provide the RSI signal for SIDUS SPACE INC-CL A?
SIDUS SPACE INC-CL A (SIDU) has an RSI value of 41.5922. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIDUS SPACE INC-CL A?
The MACD indicator for SIDUS SPACE INC-CL A (SIDU) has a value of -0.066958, indicating a bearish trend.
What is the support and resistance level for SIDU stock?
SIDUS SPACE INC-CL A (SIDU) has a support level at 2.06 and a resistance level at 2.3. Check the full technical report for our detailed analysis of SIDU support and resistance levels.