SIDU Technical Analysis - SIDUS SPACE INC-CL A

Technical Rating and Analysis

Taking everything into account, SIDU scores 0 out of 10 in our technical rating. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

98% of all other stocks performed better in the past year than SIDU.

SIDU is part of the Aerospace & Defense industry. There are 68 other stocks in this industry, of which 92% are performing better than SIDU.

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 0.93 - 1.78 range, which is quite wide. It is currently trading near the lows of this range.

SIDU has an average volume of 2184950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

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

Although the technical rating is bad, SIDU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.10. Right above this resistance zone may be a good entry point.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.04

1.69

We found 1 important support area.

A support zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 1.10 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.33 from a horizontal line in the daily time frame.
Resistance @1.55 from a trend line in the daily time frame.
Resistance @1.67 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for SIDU is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SIDU is down.
ChartMill Relative Strength	2.73	NEGATIVE	SIDU has a low relative strength, it was outperformed by 97.27% 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)	DOWN	NEGATIVE	The current price of SIDU is below a declining 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)	47.44	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.
Stochastics (14,3)	58.05	NEUTRAL	The Stochastics value for SIDU is a neutral value.
Average True Range in percent/ATR (20)	9.38	HIGH VOLATILITY	The high ATR as a percentage value for SIDU suggests high volalility.
Average Directional Index/ADX (14)	16.29	NEGATIVE	The low ADX value for SIDU suggests a weak or negative trend.