SOL-GEL TECHNOLOGIES LTD (SLGL) Stock Technical Analysis
NASDAQ:SLGL - Nasdaq - IL0011417206 - Common Stock - Currency: USD
Taking everything into account, SLGL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLGL is showing a nice and steady performance.
Warning: SLGL has an average volume of 18280 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SLGL did better than 89% of all other stocks. We also observe that the gains produced by SLGL over the past year are nicely spread over this period.
SLGL is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 84% of 194 stocks in the same industry.
In the last month SLGL has a been trading in the 6.96 - 9.04 range, which is quite wide. It is currently trading near the high of this range.
SLGL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLGL is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although SLGL has an excellent technical rating, it 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
4.25
9.57
5 important support areas can be observed.
- A support zone ranging from 8.01 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.52 to 7.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.90 from a horizontal line in the daily time frame.
- Support @4.57 from a trend line in the weekly time frame.
- Support @4.29 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.43 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.48 from a trend line in the weekly 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 SLGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLGL is up. |
| ChartMill Relative Strength | 89.53 | POSITIVE | SLGL has a high relative strength, it outperformed 89.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.18 | NEUTRAL | The RSI value for SLGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SLGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.6 | NEUTRAL | The Stochastics value for SLGL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for SLGL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for SLGL suggests a strong 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)
NASDAQ:SLGL (7/21/2025, 8:00:02 PM)
8.42
+0.29 (+3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.57%
1 Week2.93%
2 Weeks15.5%
1 Month17.95%
3 Month7.65%
6 Month-4.94%
12 Month68.06%
2 Year-77.34%
3 Year-84.99%
5 Year-88.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%5.02%
ATR Inc80.9%
Range Today1.01
ADR(20)0.4
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.53
Mansfield1.62
10 Day High9.04
10 Day Low6.96
20 Day High9.04
20 Day Low6.96
52 Week High16.5
52 Week Low3.34
CS1 End8.01
CR1 Start8.43
Volume & EV
DER(3)21.32%
DER(5)19.32%
Volume13.30K
Volume Incr-77.61%
Vol(5)5.78K
Vol(50)18.28K