SILO PHARMA INC (SILO) Technical Analysis
NASDAQ:SILO • US82711P2011
Current stock price
SILO Technical Rating and Analysis
Overall SILO gets a technical rating of 1 out of 10. SILO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SILO is a bad performer in the overall market: 92% of all stocks are doing better.
- SILO is one of the lesser performing stocks in the Biotechnology industry. 75% of 517 stocks in the same industry do better.
- SILO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SILO is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- SILO has an average volume of 1121240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SILO has a been trading in the 0.26 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SILO Weekly and Daily overview Charts
SILO Setup Rating and Analysis
SILO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SILO 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
SILO Support and Resistance Analysis
0.32
When analyzing the support we notice one important area.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.39 from a horizontal line in the daily time frame.
SILO 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 SILO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SILO is neutral. |
| ChartMill Relative Strength | 8.19 | NEGATIVE | SILO has a low relative strength, it was outperformed by 91.81% 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) | DOWN | MIXED | The current price of SILO is above 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) | 54.99 | NEUTRAL | The RSI value for SILO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SILO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.75 | NEUTRAL | The Stochastics value for SILO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.17 | HIGH VOLATILITY | The high ATR as a percentage value for SILO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.18 | NEGATIVE | The low ADX value for SILO suggests a weak or negative trend. |
SILO Chart- and CandleStick Pattern Analysis
SILO Technicals: Chart, Performance Metrics, Trend & Indicators
0.36
+0.03 (+10.43%)
SILO PHARMA INC / SILO TA FAQ
What is the technical rating for SILO stock?
ChartMill assigns a technical rating of 1 / 10 to SILO.
What is the current trend direction of SILO PHARMA INC (SILO) stock?
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 54.9868. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SILO PHARMA INC?
The MACD indicator for SILO PHARMA INC (SILO) has a value of -0.000281388, indicating a bearish trend.