SOLAI LTD (SLAI) Stock Technical Analysis
NYSE:SLAI • US0554742090
Overall SLAI gets a technical rating of 0 out of 10. SLAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than SLAI.
- SLAI is part of the Software industry. There are 274 other stocks in this industry, of which 91% are performing better than SLAI.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month SLAI has a been trading in the 0.68 - 1.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SLAI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.87. Right above this resistance zone may be a good entry point.
More info and screens
0.71
2 important support areas can be observed.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.72 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 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 | NEUTRAL | NEUTRAL | The long term trend for SLAI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SLAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.01 | NEUTRAL | The RSI value for SLAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SLAI has a positive trend. |
| Stochastics (14,3) | 62.35 | NEUTRAL | The Stochastics value for SLAI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.68 | HIGH VOLATILITY | The high ATR as a percentage value for SLAI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.73 | NEUTRAL | The ADX value for SLAI suggests a possible start of a new trend. |
0.86
0 (0%)
SOLAI LTD / SLAI FAQ
What is the technical rating for SLAI stock?
ChartMill assigns a technical rating of 0 / 10 to SLAI.
What is the trend direction for SLAI stock?
The current trend direction for SOLAI LTD (SLAI) is Bearish.
Can you provide the RSI signal for SOLAI LTD?
SOLAI LTD (SLAI) has an RSI value of 47.0122. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOLAI LTD?
The MACD indicator for SOLAI LTD (SLAI) has a value of 0.00873061, indicating a bearish trend.
What is the short term momentum for SLAI stock?
The short term momentum for SOLAI LTD (SLAI) is negative.