SILVER CREST ACQUISITION C-A (SLCR) Stock Technical Analysis
USA - NASDAQ:SLCR - KYG813551028 - Common Stock
7.99 USD
+0.14 (+1.78%)
8.17 USD
+0.18 (+2.25%)
We assign a technical rating of 0 out of 10 to SLCR. SLCR'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SLCR is a bad performer in the overall market: 61% of all stocks are doing better.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SLCR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLCR is lagging the market.
In the last month SLCR has a been trading in the 6.30 - 9.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SLCR is bad and it also does not present a 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
7.91
10.03
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.76 to 8.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.85 to 9.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SLCR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLCR is down. |
| ChartMill Relative Strength | 39.05 | NEUTRAL | SLCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLCR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLCR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLCR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.67 | NEUTRAL | The RSI value for SLCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SLCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.69 | NEUTRAL | The Stochastics value for SLCR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.85 | HIGH VOLATILITY | The high ATR as a percentage value for SLCR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.24 | POSITIVE | The high ADX value value for SLCR 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)
7.99
+0.14 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.78%
1 Week-10.12%
2 Weeks-11.22%
1 Month-9%
3 Month-18.88%
6 Month-18.8%
12 Month-18.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%9.85%
ATR Inc10.88%
Range Today0.67
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.05
Mansfield-0.51
10 Day High9.9
10 Day Low6.3
20 Day High9.9
20 Day Low6.3
52 Week High10.55
52 Week Low6.3
CS1 EndN/A
CR1 Start8.76
Volume & EV
DER(3)2.17%
DER(5)1.21%
Volume275.50K
Volume Incr151.96%
Vol(5)307.86K
Vol(50)166.08K