SILO PHARMA INC (SILO) Stock Technical Analysis
USA - NASDAQ:SILO - US82711P2011 - Common Stock
0.7704 USD
+0.03 (+3.91%)
0.7302 USD
-0.04 (-5.22%)
We assign a technical rating of 6 out of 10 to SILO. In the last year, SILO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
77% of all other stocks performed better in the past year than SILO.
SILO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SILO has an average volume of 1422780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SILO is an average performer in the Biotechnology industry, it outperforms 46% of 538 stocks in the same industry.
In the last month SILO has a been trading in the 0.58 - 1.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SILO has an average technical rating and the quality of the presented setup is also not ideal 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
0.59
1.34
4 important support areas can be observed.
- A support zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.61 from a trend line in the daily time frame.
- Support @0.60 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.82 from a horizontal line in the daily time frame.
- Resistance @1.33 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SILO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SILO is up. |
| ChartMill Relative Strength | 23.17 | NEGATIVE | SILO has a low relative strength, it was outperformed by 76.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SILO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SILO is above the rising 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) | 57.23 | NEUTRAL | The RSI value for SILO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SILO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.84 | NEUTRAL | The Stochastics value for SILO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.74 | HIGH VOLATILITY | The high ATR as a percentage value for SILO suggests high volalility. |
| Average Directional Index/ADX (14) | 35.2 | POSITIVE | The high ADX value value for SILO 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)
0.7704
+0.03 (+3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.91%
1 Week12.63%
2 Weeks17.71%
1 Month20.54%
3 Month20.19%
6 Month-38.37%
12 Month-29.32%
2 Year-53.87%
3 Year-85.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%8.74%
ATR Inc6.21%
Range Today0.09
ADR(20)0.06
ADR(20)%8.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.17
Mansfield-2.99
10 Day High1.01
10 Day Low0.68
20 Day High1.01
20 Day Low0.58
52 Week High3.37
52 Week Low0.41
CS1 End0.69
CR1 Start0.78
Volume & EV
DER(3)1.33%
DER(5)3.42%
Volume753.80K
Volume Incr729.77%
Vol(5)7.76M
Vol(50)1.42M