SLIDE INSURANCE HOLDINGS INC (SLDE) Stock Technical Analysis
NASDAQ:SLDE • US8313491057
Overall SLDE gets a technical rating of 6 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 one of the lesser performing stocks in the Insurance industry. 87% of 150 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month SLDE has a been trading in the 16.02 - 19.93 range, which is quite wide. It is currently trading near the high 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.
- SLDE has an average volume of 1261370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
15.86
3 important support areas can be observed.
- A support zone ranging from 17.28 to 17.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.44 to 16.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @19.16 from a horizontal line 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.
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) | 64.34 | NEUTRAL | The RSI value for SLDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SLDE has a positive trend. |
| Stochastics (14,3) | 88.67 | OVERBOUGHT | The high Stochastics value suggests SLDE may be overbought. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for SLDE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for SLDE suggests a possible start of a new trend. |
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-0.55 (-2.81%)
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.
Can you provide the trend direction for SLIDE INSURANCE HOLDINGS INC?
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 64.3435. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SLIDE INSURANCE HOLDINGS INC?
The MACD indicator for SLIDE INSURANCE HOLDINGS INC (SLDE) has a value of 0.297592, indicating a bearish trend.
Can you provide the support and resistance levels for SLIDE INSURANCE HOLDINGS INC?
SLIDE INSURANCE HOLDINGS INC (SLDE) has a support level at 17.71 and a resistance level at 19.16. Check the full technical report for our detailed analysis of SLDE support and resistance levels.