DECARBONIZATION PLUS -CW23 (SLDPW) Stock Technical Analysis
USA - NASDAQ:SLDPW -
0.8281 USD
+0.37 (+79.24%)
0.82 USD
-0.01 (-0.98%)
We assign a technical rating of 9 out of 10 to SLDPW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLDPW is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, SLDPW did better than 99% of all other stocks. On top of that, SLDPW also shows a nice and consistent pattern of rising prices.
In the last month SLDPW has a been trading in the 0.39 - 0.99 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.
SLDPW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLDPW is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SLDPW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.41
0.84
When analyzing the support we can see 2 important areas.
- Support @0.42 from a trend line in the daily time frame.
- Support @0.41 from a horizontal 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 | UP | POSITIVE | The long term trend for SLDPW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLDPW is neutral. |
| ChartMill Relative Strength | 99.16 | POSITIVE | SLDPW has a high relative strength, it outperformed 99.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLDPW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLDPW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLDPW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.95 | OVERBOUGHT | The high RSI value suggests SLDPW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SLDPW has a positive trend. |
| Stochastics (14,3) | 55.59 | NEUTRAL | The Stochastics value for SLDPW is a neutral value. |
| Average True Range in percent/ATR (20) | 9.81 | HIGH VOLATILITY | The high ATR as a percentage value for SLDPW suggests high volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for SLDPW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.8281
+0.37 (+79.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg79.24%
1 Week88.2%
2 Weeks67.29%
1 Month66.15%
3 Month104.47%
6 Month461.42%
12 Month620.09%
2 Year652.82%
3 Year-25.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.81%
ATR Inc444.83%
Range Today0.54
ADR(20)0.08
ADR(20)%9.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.16
Mansfield15.03
10 Day High0.99
10 Day Low0.39
20 Day High0.99
20 Day Low0.39
52 Week High1.07
52 Week Low0.08
CS1 End0.42
CR1 StartN/A
Volume & EV
DER(3)-3.31%
DER(5)-9.43%
Volume820.80K
Volume Incr208.47%
Vol(5)231.53K
Vol(50)118.36K