Taking everything into account, SLDE scores 4 out of 10 in our technical rating. In the last year, SLDE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
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 very little resistance above the current price. There is a support zone below the current price at 16.01, a Stop Loss order could be placed below this zone.
More info and screens
15.40
We found 1 important support area.
- A support zone ranging from 15.56 to 16.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.12 from a trend line in the daily time frame.
- A resistance zone ranging from 16.86 to 17.09. 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 | 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 | NEGATIVE | The current price of SLDE is below 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) | 46.85 | NEUTRAL | The RSI value for SLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SLDE has a negative trend. |
| Stochastics (14,3) | 49.16 | NEUTRAL | The Stochastics value for SLDE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SLDE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.02 | NEGATIVE | The low ADX value for SLDE suggests a weak or negative trend. |
16.02
-0.2 (-1.23%)
SLIDE INSURANCE HOLDINGS INC / SLDE 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 trend direction for SLDE stock?
The current trend direction for SLIDE INSURANCE HOLDINGS INC (SLDE) is Bullish.
Can you provide the RSI signal for SLIDE INSURANCE HOLDINGS INC?
SLIDE INSURANCE HOLDINGS INC (SLDE) has an RSI value of 46.846. This indicates that the stock is currently neutral.
What is the MACD signal for SLDE stock?
The MACD indicator for SLIDE INSURANCE HOLDINGS INC (SLDE) has a value of -0.0906544, indicating a bearish trend.