SOL-GEL TECHNOLOGIES LTD (SLGL) Stock Technical Analysis
NASDAQ:SLGL - Nasdaq - IL0011417206 - Common Stock - Currency: USD
Overall SLGL gets a technical rating of 10 out of 10. 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 19340 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 98% of all other stocks. On top of that, SLGL also shows a nice and consistent pattern of rising prices.
SLGL is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. SLGL outperforms 98% of them.
SLGL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SLGL is lagging the market slightly.
SLGL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although SLGL has an excellent technical rating, the quality of the presented setup is not ideal 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
8.65
16.67
2 important support areas can be observed.
- A support zone ranging from 15.24 to 15.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.74 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.00 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 16.50 to 16.50. This zone is formed by a combination of multiple trend lines 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 SLGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLGL is up. |
| ChartMill Relative Strength | 98.6 | POSITIVE | SLGL has a high relative strength, it outperformed 98.6% 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) | 76.31 | OVERBOUGHT | The high RSI value suggests SLGL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SLGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.7 | NEUTRAL | The Stochastics value for SLGL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for SLGL suggests high volalility. |
| Average Directional Index/ADX (14) | 65.41 | 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 (8/15/2025, 8:00:02 PM)
15.44
+0.19 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.25%
1 Week-3.44%
2 Weeks18.77%
1 Month89.91%
3 Month106.69%
6 Month153.12%
12 Month258.4%
2 Year-40.84%
3 Year-74.65%
5 Year-80.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%8.3%
ATR Inc-52.66%
Range Today0.56
ADR(20)1.24
ADR(20)%8.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.6
Mansfield9.18
10 Day High16.89
10 Day Low12.5
20 Day High16.89
20 Day Low8.03
52 Week High16.89
52 Week Low4.01
CS1 End15.43
CR1 Start16
Volume & EV
DER(3)12.37%
DER(5)7.53%
Volume11.90K
Volume Incr21.26%
Vol(5)19.68K
Vol(50)19.34K