STANDARD LITHIUM LTD (SLI) Technical Analysis
NYSEARCA:SLI • CA8536061010
Current stock price
SLI Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to SLI. Although SLI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month SLI has a been trading in the 3.16 - 4.44 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that SLI is one of the better performing stocks in the market, outperforming 92% of all stocks.
- SLI is part of the Metals & Mining industry. There are 158 other stocks in this industry. SLI outperforms 71% of them.
- SLI has an average volume of 2218090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SLI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLI is lagging the market.
SLI Weekly and Daily overview Charts
SLI Setup Rating and Analysis
SLI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SLI Support and Resistance Analysis
3.15
We found 3 important support areas.
- A support zone ranging from 3.37 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.28 from a trend line in the daily time frame.
- A support zone ranging from 3.18 to 3.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.43 to 3.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.70 from a trend line in the daily time frame.
SLI 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 SLI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLI is down. |
| ChartMill Relative Strength | 92.98 | POSITIVE | SLI has a high relative strength, it outperformed 92.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for SLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SLI has a positive trend. |
| Stochastics (14,3) | 36.35 | NEUTRAL | The Stochastics value for SLI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for SLI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.94 | POSITIVE | The high ADX value value for SLI suggests a strong trend. |
SLI Chart- and CandleStick Pattern Analysis
SLI Technicals: Chart, Performance Metrics, Trend & Indicators
3.42
+0.05 (+1.48%)
STANDARD LITHIUM LTD / SLI TA FAQ
Can you provide the ChartMill technical rating for STANDARD LITHIUM LTD?
ChartMill assigns a technical rating of 3 / 10 to SLI.
Can you provide the trend direction for STANDARD LITHIUM LTD?
The current trend direction for STANDARD LITHIUM LTD (SLI) is Bearish.
What is the RSI signal for SLI stock?
STANDARD LITHIUM LTD (SLI) has an RSI value of 39.2386. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STANDARD LITHIUM LTD?
The short term momentum for STANDARD LITHIUM LTD (SLI) is negative.
What is the buy/sell signal for STANDARD LITHIUM LTD (SLI) stock?
The buy/sell signal for STANDARD LITHIUM LTD (SLI) is sell as both the short term and long term trends are negative.