SII (SII.PA) Technical Analysis
EPA:SII • FR0000074122
Current stock price
SII.PA Technical Rating and Analysis
Overall SII gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SII is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- SII is one of the better performing stocks in the IT Services industry, it outperforms 98% of 73 stocks in the same industry.
- SII is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SII is leading the market.
- When comparing the yearly performance of all stocks, we notice that SII is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month SII has a been trading in a tight range between 69.80 and 70.40.
- Volume is considerably higher in the last couple of days.
SII.PA Weekly and Daily overview Charts
SII.PA Setup Rating and Analysis
SII has an excellent technical rating and also presents a decent setup pattern. 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 70.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.03, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SII.PA Support and Resistance Analysis
42.67
3 important support areas can be observed.
- A support zone ranging from 69.60 to 70.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.94 from a trend line in the weekly time frame.
- Support @43.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.11 to 70.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
SII.PA 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 | UP | POSITIVE | The long term trend for SII.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SII.PA is up. |
| ChartMill Relative Strength | 97.48 | POSITIVE | SII.PA has a high relative strength, it outperformed 97.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SII.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SII.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SII.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.61 | OVERBOUGHT | The high RSI value suggests SII.PA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SII.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests SII.PA may be overbought. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for SII.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 82.96 | POSITIVE | The high ADX value value for SII.PA suggests a strong trend. |
SII.PA Chart- and CandleStick Pattern Analysis
SII.PA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.12 | 69.99 | 0.13 (0.19%) | 25.00% |
| An entry @70.12. This is a Buy Stop order right above the resistance zone. | An exit @69.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 0.19%. | For a 0.05% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SII. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SII.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:SII (2/23/2024, 7:00:00 PM)
70.1
+0.1 (+0.14%)
SII / SII.PA TA FAQ
What is the ChartMill technical rating of SII (SII.PA) stock?
ChartMill assigns a technical rating of 9 / 10 to SII.PA.
What is the current trend direction of SII (SII.PA) stock?
The current trend direction for SII (SII.PA) is Bullish.
Can you provide the RSI signal for SII?
SII (SII.PA) has an RSI value of 74.6059. This indicates that the stock is currently overbought.
What is the MACD signal for SII stock?
The MACD indicator for SII (SII.PA) has a value of -0.190607, indicating a bearish trend.
What is the buy/sell signal for SII (SII.PA) stock?
The buy/sell signal for SII (SII.PA) is buy as both the short term and long term trends are positive.