SOLID BIOSCIENCES INC (SLDB)

US83422E2046 - Common Stock

10.1  -0.13 (-1.27%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to SLDB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SLDB is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 587 stocks in the same industry.
Looking at the yearly performance, SLDB did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SLDB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLDB is lagging the market slightly.
In the last month SLDB has a been trading in the 7.95 - 12.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SLDB Weekly chart
SLDB Daily chart
Setup Rating and Analysis

3

SLDB 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.

Support and Resistance Analysis

8.60

10.34

We found 2 important support areas.

  • Support @8.88 from a trend line in the daily time frame.
  • Support @8.69 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 10.11 to 10.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.81
Mansfield5.33
10 Day High10.7
10 Day Low7.95
20 Day High12.32
20 Day Low7.95
52 Week High15.05
52 Week Low1.81
Performance
1 Week12.47%
2 Weeks16.09%
1 Month-16.94%
3 Month43.87%
6 Month255.63%
12 Month88.79%
2 Year18.13%
3 Year-82.28%
5 Year-87.82%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)50.03
LBB8.18
UBB10.36
SLDB Daily chart

SOLID BIOSCIENCES INC

NASDAQ:SLDB (5/3/2024, 7:18:36 PM)

10.1

-0.13 (-1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.27%
1 Week12.47%
2 Weeks16.09%
1 Month-16.94%
3 Month43.87%
6 Month255.63%
12 Month88.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.72
ATR(20)%6.92%
ATR Inc
Range Today0.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.7
10 Day Low7.95
20 Day High12.32
20 Day Low7.95
52 Week High15.05
52 Week Low1.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume674.80K
Volume Incr47.78%
Vol(5)280.52K
Vol(50)266.58K