SILICOM LTD (SILC) Stock Technical Analysis
USA - NASDAQ:SILC - IL0010826928 - Common Stock
17.3 USD
+0.22 (+1.29%)
17.42 USD
+0.12 (+0.69%)
Overall SILC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SILC has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month SILC has a been trading in the 16.67 - 18.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: SILC has an average volume of 16914 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SILC is one of the better performing stocks in the market, outperforming 81% of all stocks.
SILC is an average performer in the Communications Equipment industry, it outperforms 46% of 48 stocks in the same industry.
SILC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SILC is lagging the market.
SILC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SILC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.80
18.79
7 important support areas can be observed.
- A support zone ranging from 16.88 to 17.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.10 from a trend line in the daily time frame.
- Support @15.49 from a horizontal line in the weekly time frame.
- A support zone ranging from 15.09 to 15.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.23 from a trend line in the weekly time frame.
- Support @13.61 from a trend line in the weekly time frame.
- Support @12.93 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.30 to 18.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SILC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SILC is neutral. |
| ChartMill Relative Strength | 81.91 | POSITIVE | SILC has a high relative strength, it outperformed 81.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SILC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SILC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SILC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.24 | NEUTRAL | The RSI value for SILC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SILC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.61 | NEUTRAL | The Stochastics value for SILC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for SILC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for SILC suggests a strong 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)
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 |
|---|---|---|---|
| 17.51 | 16.87 | 0.64 (3.64%) | 25.00% |
| An entry @17.51. This is a Buy Stop order right above the 10 day moving average. | An exit @16.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.64 points, which is 3.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of SILC. 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.
17.3
+0.22 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.29%
1 Week-2.86%
2 Weeks-0.69%
1 Month2.25%
3 Month12.26%
6 Month26.83%
12 Month25.54%
2 Year14.12%
3 Year-61.26%
5 Year-53.51%
10 Year-47.77%
15 Year12.92%
Volatility
ATR(14)0.76
ATR(20)%4.4%
ATR Inc-2.8%
Range Today0.7
ADR(20)0.73
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.91
Mansfield0.06
10 Day High18.9
10 Day Low16.67
20 Day High18.9
20 Day Low16.67
52 Week High19.36
52 Week Low12.29
CS1 End17.09
CR1 Start18.3
Volume & EV
DER(3)11.61%
DER(5)4.17%
Volume14.00K
Volume Incr-31.63%
Vol(5)15.68K
Vol(50)16.91K