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 7 out of 10. Although SLDE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than SLDE.
- SLDE is part of the Insurance industry. There are 148 other stocks in this industry, of which 87% are performing better than SLDE.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month SLDE has a been trading in the 15.95 - 18.47 range, which is quite wide. It is currently trading near the high of this range.
- SLDE has an average volume of 1983210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLDE Weekly and Daily overview Charts
SLDE Setup Rating and Analysis
SLDE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.01, a Stop Loss order could be placed below this zone.
More info and screens
SLDE Support and Resistance Analysis
15.63
3 important support areas can be observed.
- A support zone ranging from 17.65 to 18.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.67 to 16.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important 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 | UP | POSITIVE | The short term trend for SLDE is up. |
| 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) | UP | POSITIVE | The current price of SLDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SLDE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.76 | NEUTRAL | The RSI value for SLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SLDE has a positive trend. |
| Stochastics (14,3) | 78.27 | NEUTRAL | The Stochastics value for SLDE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for SLDE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for SLDE suggests a weak or negative trend. |
SLDE Chart- and CandleStick Pattern Analysis
SLDE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.17 | 17.64 | 1.53 (7.98%) | 12.53% |
| An entry @19.17. This is a Buy Stop order right above the resistance zone. | An exit @17.64. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.53 points, which is 7.98%. | When investing 12.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SLDE Technicals: Chart, Performance Metrics, Trend & Indicators
18.39
+0.48 (+2.68%)
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 7 / 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 56.7576. This indicates that the stock is currently neutral.
What is the buy/sell signal for SLIDE INSURANCE HOLDINGS INC (SLDE) stock?
The buy/sell signal for SLIDE INSURANCE HOLDINGS INC (SLDE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SLIDE INSURANCE HOLDINGS INC?
SLIDE INSURANCE HOLDINGS INC (SLDE) has a support level at 18.01 and a resistance level at 19.16. Check the full technical report for our detailed analysis of SLDE support and resistance levels.