SOLAI LTD (SLAI) Technical Analysis
NYSE:SLAI • US0554742090
Current stock price
SLAI Technical Rating and Analysis
Taking everything into account, SLAI scores 0 out of 10 in our technical rating. SLAI'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.
- When comparing the yearly performance of all stocks, SLAI is a bad performer in the overall market: 100% of all stocks are doing better.
- SLAI is part of the Software industry. There are 275 other stocks in this industry, of which 89% are performing better than SLAI.
- In the last month SLAI has a been trading in the 0.69 - 1.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Considerably lower volume is observed in the last couple of days.
SLAI Weekly and Daily overview Charts
SLAI Setup Rating and Analysis
SLAI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.85. Right above this resistance zone may be a good entry point.
More info and screens
SLAI Support and Resistance Analysis
0.70
We found 1 important support area.
- Support @0.71 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.85 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.93 from a trend line in the daily time frame.
SLAI 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 | 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) | 39.9 | NEUTRAL | The RSI value for SLAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SLAI has a negative trend. |
| Stochastics (14,3) | 13.67 | OVERSOLD | The low Stochastics value suggests SLAI may be oversold. |
| Average True Range in percent/ATR (20) | 12.93 | HIGH VOLATILITY | The high ATR as a percentage value for SLAI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.75 | NEGATIVE | The low ADX value for SLAI suggests a weak or negative trend. |
SLAI Chart- and CandleStick Pattern Analysis
SLAI Technicals: Chart, Performance Metrics, Trend & Indicators
0.7226
-0.01 (-1.01%)
SOLAI LTD / SLAI TA 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.
What is the RSI signal for SOLAI LTD (SLAI) stock?
SOLAI LTD (SLAI) has an RSI value of 39.8978. This indicates that the stock is currently neutral.
What is the MACD signal for SOLAI LTD (SLAI) stock?
The MACD indicator for SOLAI LTD (SLAI) has a value of -0.00966672, indicating a bearish trend.
What is the support and resistance level for SLAI stock?
SOLAI LTD (SLAI) has a support level at 0.71 and a resistance level at 0.85. Check the full technical report for our detailed analysis of SLAI support and resistance levels.