SLE Technical Analysis - SUPER LEAGUE ENTERPRISE INC

Technical Rating and Analysis

Overall SLE gets a technical rating of 0 out of 10. SLE'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

When comparing the yearly performance of all stocks, SLE is a bad performer in the overall market: 99% of all stocks are doing better.

SLE is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 88% are performing better than SLE.

SLE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month SLE has a been trading in the 2.75 - 4.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SUPER LEAGUE ENTERPRISE INC / SLE Weekly stock chart

SUPER LEAGUE ENTERPRISE INC / SLE Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, SLE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.25

3.74

2 important resistance areas can be observed.

Resistance @3.59 from a trend line in the daily time frame.
Resistance @3.70 from a trend line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for SLE is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for SLE is neutral.
ChartMill Relative Strength	1.65	NEGATIVE	SLE has a low relative strength, it was outperformed by 98.35% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of SLE is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SLE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SLE is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.57	NEUTRAL	The RSI value for SLE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests SLE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	43.78	NEUTRAL	The Stochastics value for SLE is a neutral value.
Average True Range in percent/ATR (20)	10.27	HIGH VOLATILITY	The high ATR as a percentage value for SLE suggests high volalility.
Average Directional Index/ADX (14)	16.98	NEGATIVE	The low ADX value for SLE suggests a weak or negative trend.