We assign a technical rating of 0 out of 10 to SLHG. SLHG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SLHG is bad and it also does not present a 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
0.56
When analyzing the support we notice one important area.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.67 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.69 from a trend line in the daily time frame.
- Resistance @0.72 from a trend line 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 | DOWN | NEGATIVE | The long term trend for SLHG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLHG is neutral. |
| ChartMill Relative Strength | 9.18 | NEGATIVE | SLHG has a low relative strength, it was outperformed by 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLHG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLHG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLHG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for SLHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SLHG has a negative trend. |
| Stochastics (14,3) | 19.47 | OVERSOLD | The low Stochastics value suggests SLHG may be oversold. |
| Average True Range in percent/ATR (20) | 13.67 | HIGH VOLATILITY | The high ATR as a percentage value for SLHG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for SLHG suggests a possible start of a new trend. |
0.5847
-0.01 (-1.75%)
SKYLIGHT HEALTH GROUP INC / SLHG FAQ
What is the ChartMill technical rating of SKYLIGHT HEALTH GROUP INC (SLHG) stock?
ChartMill assigns a technical rating of 0 / 10 to SLHG.
Can you provide the trend direction for SKYLIGHT HEALTH GROUP INC?
The current trend direction for SKYLIGHT HEALTH GROUP INC (SLHG) is Bearish.
Can you provide the RSI signal for SKYLIGHT HEALTH GROUP INC?
SKYLIGHT HEALTH GROUP INC (SLHG) has an RSI value of 42.5376. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SKYLIGHT HEALTH GROUP INC?
The MACD indicator for SKYLIGHT HEALTH GROUP INC (SLHG) has a value of -0.0170227, indicating a bearish trend.
What is the short term momentum for SKYLIGHT HEALTH GROUP INC (SLHG) stock?
The short term momentum for SKYLIGHT HEALTH GROUP INC (SLHG) is neutral.