American Select Portfolio (SLA) Technical Analysis
NYSE:SLA
Current stock price
SLA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SLA. Although SLA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: SLA has an average volume of 20906 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 may just continue or reversal may be around the corner!
- SLA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, SLA outperforms 65% of them, which is more or less in line with the market.
- In the last month SLA has a been trading in a tight range between 10.41 and 10.71.
SLA Weekly and Daily overview Charts
SLA Setup Rating and Analysis
SLA has an average technical rating and it also does not offer a high quality setup 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
SLA Support and Resistance Analysis
10.43
When analyzing the support we notice one important area.
- A support zone ranging from 10.54 to 10.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @10.68 from a trend line in the daily time frame.
SLA 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 SLA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLA is neutral. |
| ChartMill Relative Strength | 65.16 | NEUTRAL | SLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.14 | NEUTRAL | The RSI value for SLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SLA has a positive trend. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for SLA suggests low volalility. |
SLA Chart- and CandleStick Pattern Analysis
SLA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SLA (9/5/2014, 7:59:59 PM)
10.66
+0.1 (+0.95%)
American Select Portfolio / SLA TA FAQ
What is the technical rating for SLA stock?
ChartMill assigns a technical rating of 6 / 10 to SLA.
What is the trend direction for SLA stock?
The current trend direction for American Select Portfolio (SLA) is Bullish.
What is the RSI signal for SLA stock?
American Select Portfolio (SLA) has an RSI value of 55.1374. This indicates that the stock is currently neutral.
What are the support and resistance levels for American Select Portfolio (SLA) stock?
American Select Portfolio (SLA) has a support level at 10.63 and a resistance level at 10.68. Check the full technical report for our detailed analysis of SLA support and resistance levels.