DECARBONIZATION PLUS -CW23 (SLDPW) Stock Technical Analysis
NASDAQ:SLDPW
Taking everything into account, SLDPW scores 0 out of 10 in our technical rating. SLDPW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SLDPW is a bad performer in the overall market: 80% of all stocks are doing better.
- SLDPW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SLDPW has a been trading in the 0.34 - 0.87 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
SLDPW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for SLDPW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.35
We found 1 important support area.
- Support @0.35 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.38 from a trend line 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 | DOWN | NEGATIVE | The long term trend for SLDPW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLDPW is down. |
| ChartMill Relative Strength | 20.95 | NEGATIVE | SLDPW has a low relative strength, it was outperformed by 79.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLDPW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLDPW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLDPW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.55 | NEUTRAL | The RSI value for SLDPW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SLDPW has a positive trend. |
| Stochastics (14,3) | 17.48 | OVERSOLD | The low Stochastics value suggests SLDPW may be oversold. |
| Average True Range in percent/ATR (20) | 27.12 | HIGH VOLATILITY | The high ATR as a percentage value for SLDPW suggests high volalility. |
| Average Directional Index/ADX (14) | 47.55 | POSITIVE | The high ADX value value for SLDPW suggests a strong trend. |
0.38
-0.02 (-5%)
DECARBONIZATION PLUS -CW23 / SLDPW FAQ
What is the technical rating for SLDPW stock?
ChartMill assigns a technical rating of 0 / 10 to SLDPW.
Can you provide the trend direction for DECARBONIZATION PLUS -CW23?
The current trend direction for DECARBONIZATION PLUS -CW23 (SLDPW) is Bearish.
Can you provide the RSI signal for DECARBONIZATION PLUS -CW23?
DECARBONIZATION PLUS -CW23 (SLDPW) has an RSI value of 34.5453. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DECARBONIZATION PLUS -CW23?
The buy/sell signal for DECARBONIZATION PLUS -CW23 (SLDPW) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for DECARBONIZATION PLUS -CW23?
DECARBONIZATION PLUS -CW23 (SLDPW) has a support level at 0.35 and a resistance level at 0.38. Check the full technical report for our detailed analysis of SLDPW support and resistance levels.