SOL-GEL TECHNOLOGIES LTD (SLGL) Stock Technical Analysis
NASDAQ:SLGL - Nasdaq - IL0011417206 - Common Stock - Currency: USD
Overall SLGL gets a technical rating of 9 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.
The long and short term trends are both positive. This is looking good!
SLGL is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. SLGL outperforms 85% of them.
When comparing the yearly performance of all stocks, we notice that SLGL is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SLGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLGL is lagging the market slightly.
In the last month SLGL has a been trading in the 4.11 - 9.00 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.
Besides having an excellent technical rating, SLGL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 7.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SLGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.13
10.15
We found 5 important support areas.
- A support zone ranging from 7.34 to 7.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.60 from a trend line in the daily time frame.
- Support @4.39 from a trend line in the weekly time frame.
- Support @4.29 from a horizontal line in the weekly time frame.
- Support @4.17 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @7.86 from a horizontal line in the weekly time frame.
- Resistance @8.52 from a horizontal line in the daily time frame.
- Resistance @10.05 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.97
Mansfield0.52
10 Day High8.26
10 Day Low4.11
20 Day High9
20 Day Low4.11
52 Week High16.5
52 Week Low3.34
Performance
1 Week-4.84%
2 Weeks2.33%
1 Month35.82%
3 Month22.46%
6 Month45.05%
12 Month-0.4%
2 Year-79.25%
3 Year-87.3%
5 Year-90.32%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)54.39
LBB5.7
UBB9.24
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.87 | 7.33 | 0.54 (6.86%) | 14.57% |
| An entry @7.87. This is a Buy Stop order right above the resistance zone. | An exit @7.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 6.86%. | For a 1.00% total portfolio risk, you can invest 14.57% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SLGL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SLGL (5/16/2025, 8:22:30 PM)
7.47
-0.2 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.6%
1 Week-4.84%
2 Weeks2.33%
1 Month35.82%
3 Month22.46%
6 Month45.05%
12 Month-0.4%
2 Year-79.25%
3 Year-87.3%
5 Year-90.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%18.47%
ATR Inc-74.67%
Range Today0.33
ADR(20)1.36
ADR(20)%18.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.97
Mansfield0.52
10 Day High8.26
10 Day Low4.11
20 Day High9
20 Day Low4.11
52 Week High16.5
52 Week Low3.34
CS1 End7.46
CR1 Start7.86
Volume & EV
DER(3)7.47%
DER(5)0.47%
Volume18.90K
Volume Incr-96.29%
Vol(5)15.96K
Vol(50)189.29K