SLIDE INSURANCE HOLDINGS INC (SLDE) Stock Technical Analysis
USA - NASDAQ:SLDE - US8313491057 - Common Stock
Overall SLDE gets a technical rating of 6 out of 10. In the last year, SLDE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SLDE 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.
More info and screens
14.24
3 important support areas can be observed.
- A support zone ranging from 15.55 to 15.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.68 from a horizontal line in the weekly time frame.
- Support @14.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.63 to 16.80. 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 | 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). |
| Relative Strength Index/RSI (14) | 62.93 | NEUTRAL | The RSI value for SLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SLDE has a positive trend. |
| Stochastics (14,3) | 80.31 | OVERBOUGHT | The high Stochastics value suggests SLDE may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SLDE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for SLDE suggests a weak or negative trend. |
16.62
-0.18 (-1.07%)
SLIDE INSURANCE HOLDINGS INC / SLDE FAQ
Can you provide the ChartMill technical rating for SLIDE INSURANCE HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 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 62.9266. 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 0.128971, indicating a bearish trend.
What is the buy/sell signal for 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.