SLIDE INSURANCE HOLDINGS INC (SLDE) Technical Analysis
NASDAQ:SLDE • US8313491057
Current stock price
SLDE Technical Rating and Analysis
Overall SLDE gets a technical rating of 4 out of 10. SLDE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 100% of all other stocks performed better in the past year than SLDE.
- SLDE is one of the lesser performing stocks in the Insurance industry. 88% of 147 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- SLDE has an average volume of 1895470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SLDE has a been trading in the 15.95 - 19.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SLDE Weekly and Daily overview Charts
SLDE Setup Rating and Analysis
Although the technical rating is only medium, SLDE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.69, a Stop Loss order could be placed below this zone.
More info and screens
SLDE Support and Resistance Analysis
15.63
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.45 to 17.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.63 to 16.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.79 to 16.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.16 to 19.16. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 19.74 to 19.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
SLDE 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 | UP | POSITIVE | The long term trend for SLDE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLDE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SLDE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SLDE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLDE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for SLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SLDE has a positive trend. |
| Stochastics (14,3) | 79.4 | NEUTRAL | The Stochastics value for SLDE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for SLDE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for SLDE suggests a weak or negative trend. |
SLDE Chart- and CandleStick Pattern Analysis
SLDE Technicals: Chart, Performance Metrics, Trend & Indicators
18
+0.1 (+0.56%)
SLIDE INSURANCE HOLDINGS INC / SLDE TA FAQ
Can you provide the ChartMill technical rating for SLIDE INSURANCE HOLDINGS INC?
ChartMill assigns a technical rating of 4 / 10 to SLDE.
What is the current trend direction of SLIDE INSURANCE HOLDINGS INC (SLDE) stock?
The current trend direction for SLIDE INSURANCE HOLDINGS INC (SLDE) is Bullish.
What is the RSI signal for SLDE stock?
SLIDE INSURANCE HOLDINGS INC (SLDE) has an RSI value of 52.4334. This indicates that the stock is currently neutral.
What are the support and resistance levels for SLIDE INSURANCE HOLDINGS INC (SLDE) stock?
SLIDE INSURANCE HOLDINGS INC (SLDE) has a support level at 17.69 and a resistance level at 19.16. Check the full technical report for our detailed analysis of SLDE support and resistance levels.