SOLID BIOSCIENCES INC (SLDB) Stock Technical Analysis
NASDAQ:SLDB - Nasdaq - US83422E2046 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SLDB. SLDB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than SLDB.
SLDB is one of the lesser performing stocks in the Biotechnology industry. 75% of 561 stocks in the same industry do better.
SLDB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SLDB is lagging the market.
In the last month SLDB has a been trading in the 2.41 - 4.35 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SLDB has an average volume of 1545470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, SLDB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.48
4.68
When analyzing the support we can see 2 important areas.
- Support @2.59 from a trend line in the weekly time frame.
- A support zone ranging from 2.51 to 2.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @2.96 from a horizontal line in the daily time frame.
- Resistance @3.72 from a trend line in the daily time frame.
- Resistance @3.89 from a trend line in the weekly time frame.
- Resistance @4.63 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 | DOWN | NEGATIVE | The long term trend for SLDB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLDB is down. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | SLDB has a low relative strength, it was outperformed by 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLDB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLDB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLDB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.39 | NEUTRAL | The RSI value for SLDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SLDB has a positive trend. |
| Stochastics (14,3) | 22.51 | NEUTRAL | The Stochastics value for SLDB is a neutral value. |
| Average True Range in percent/ATR (20) | 13.66 | HIGH VOLATILITY | The high ATR as a percentage value for SLDB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.11 | NEGATIVE | The low ADX value for SLDB suggests a weak or negative 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)
NASDAQ:SLDB (5/23/2025, 11:15:27 AM)
2.775
-0.12 (-3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.98%
1 Week11.58%
2 Weeks4.33%
1 Month-21.25%
3 Month-50%
6 Month-46.58%
12 Month-62.9%
2 Year-53.24%
3 Year-66.2%
5 Year-93.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%13.66%
ATR Inc-32.62%
Range Today0.09
ADR(20)0.39
ADR(20)%13.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.12
Mansfield-5
10 Day High3.05
10 Day Low2.41
20 Day High4.35
20 Day Low2.41
52 Week High10.37
52 Week Low2.41
CS1 End2.59
CR1 Start2.96
Volume & EV
DER(3)-4.28%
DER(5)0.92%
Volume325.17K
Volume Incr15.52%
Vol(5)2.18M
Vol(50)1.55M