SMART LOGISTICS GLOBAL LTD (SLGB) Technical Analysis
NASDAQ:SLGB • KYG821951012
Current stock price
SLGB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SLGB. SLGB'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SLGB is a bad performer in the overall market: 100% of all stocks are doing better.
- SLGB is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 92% are performing better than SLGB.
- In the last month SLGB has a been trading in the 0.60 - 1.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SLGB Weekly and Daily overview Charts
SLGB Setup Rating and Analysis
SLGB has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
SLGB Support and Resistance Analysis
0.82
We found 1 important support area.
- Support @0.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.95 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
SLGB 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 SLGB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLGB is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SLGB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLGB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLGB is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.23 | NEUTRAL | The RSI value for SLGB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SLGB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.35 | NEUTRAL | The Stochastics value for SLGB is a neutral value. |
| Average True Range in percent/ATR (20) | 13.26 | HIGH VOLATILITY | The high ATR as a percentage value for SLGB suggests high volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for SLGB suggests a weak or negative trend. |
SLGB Chart- and CandleStick Pattern Analysis
SLGB Technicals: Chart, Performance Metrics, Trend & Indicators
0.8599
-0.04 (-4.51%)
SMART LOGISTICS GLOBAL LTD / SLGB TA FAQ
What is the ChartMill technical rating of SMART LOGISTICS GLOBAL LTD (SLGB) stock?
ChartMill assigns a technical rating of 0 / 10 to SLGB.
Can you provide the trend direction for SMART LOGISTICS GLOBAL LTD?
The current trend direction for SMART LOGISTICS GLOBAL LTD (SLGB) is Bearish.
What is the RSI signal for SMART LOGISTICS GLOBAL LTD (SLGB) stock?
SMART LOGISTICS GLOBAL LTD (SLGB) has an RSI value of 44.2295. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SMART LOGISTICS GLOBAL LTD?
The buy/sell signal for SMART LOGISTICS GLOBAL LTD (SLGB) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for SMART LOGISTICS GLOBAL LTD?
SMART LOGISTICS GLOBAL LTD (SLGB) has a support level at 0.83 and a resistance level at 0.88. Check the full technical report for our detailed analysis of SLGB support and resistance levels.