SIDUS SPACE INC-CL A (SIDU) Stock Technical Analysis
NASDAQ:SIDU - Nasdaq - US8261652015 - Common Stock - Currency: USD
Overall SIDU gets a technical rating of 3 out of 10. In the past year, SIDU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than SIDU.
SIDU is one of the lesser performing stocks in the Aerospace & Defense industry. 88% of 64 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. The S&P500 Index is trading in the upper part of its 52 week range, so SIDU is lagging the market.
In the last month SIDU has a been trading in the 1.36 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SIDU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.46, a Stop Loss order could be placed below this zone.
More info and screens
1.25
1.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.32 from a trend line in the weekly time frame.
- Support @1.26 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.62 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.84 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 | DOWN | NEGATIVE | The long term trend for SIDU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIDU is neutral. |
| ChartMill Relative Strength | 14.88 | NEGATIVE | SIDU has a low relative strength, it was outperformed by 85.12% 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) | UP | POSITIVE | The current price of SIDU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIDU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.35 | NEUTRAL | The RSI value for SIDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SIDU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.78 | NEUTRAL | The Stochastics value for SIDU is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for SIDU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for SIDU 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)
1.54
+0.01 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.65%
1 Week-6.67%
2 Weeks4.05%
1 Month2.67%
3 Month-2.53%
6 Month-61.11%
12 Month-35.83%
2 Year-91.49%
3 Year-99.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.05%
ATR Inc-22.57%
Range Today0.07
ADR(20)0.11
ADR(20)%6.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.88
Mansfield-3.42
10 Day High1.7
10 Day Low1.43
20 Day High1.7
20 Day Low1.36
52 Week High7.65
52 Week Low1.14
CS1 End1.46
CR1 Start1.62
Volume & EV
DER(3)-0.5%
DER(5)-2.75%
Volume271.10K
Volume Incr-48.85%
Vol(5)328.38K
Vol(50)458.65K