SILO PHARMA INC (SILO) Stock Technical Analysis
USA - NASDAQ:SILO - US82711P2011 - Common Stock
Overall SILO gets a technical rating of 0 out of 10. SILO'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.
SILO has a poor technical rating and the quality of the setup is also not perfect 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
0.53
2 important support areas can be observed.
- Support @0.56 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.71 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 SILO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SILO is down. |
| ChartMill Relative Strength | 5.57 | NEGATIVE | SILO has a low relative strength, it was outperformed by 94.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SILO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SILO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SILO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for SILO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SILO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.21 | NEUTRAL | The Stochastics value for SILO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.79 | HIGH VOLATILITY | The high ATR as a percentage value for SILO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.03 | POSITIVE | The high ADX value value for SILO suggests a strong trend. |
0.5693
-0.03 (-4.29%)
SILO PHARMA INC / SILO FAQ
What is the technical rating for SILO stock?
ChartMill assigns a technical rating of 0 / 10 to SILO.
Can you provide the trend direction for SILO PHARMA INC?
The current trend direction for SILO PHARMA INC (SILO) is Bearish.
Can you provide the RSI signal for SILO PHARMA INC?
SILO PHARMA INC (SILO) has an RSI value of 42.4965. This indicates that the stock is currently neutral.
What is the MACD signal for SILO stock?
The MACD indicator for SILO PHARMA INC (SILO) has a value of -0.00621403, indicating a bearish trend.
Can you provide the support and resistance levels for SILO PHARMA INC?
SILO PHARMA INC (SILO) has a support level at 0.56 and a resistance level at 0.6. Check the full technical report for our detailed analysis of SILO support and resistance levels.