Overall SLI gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although SLI 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
3.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.52 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.25 to 3.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @4.10 from a horizontal 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 | UP | POSITIVE | The long term trend for SLI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLI is neutral. |
| ChartMill Relative Strength | 96.46 | POSITIVE | SLI has a high relative strength, it outperformed 96.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SLI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SLI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.91 | NEUTRAL | The RSI value for SLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SLI has a positive trend. |
| Stochastics (14,3) | 71.41 | NEUTRAL | The Stochastics value for SLI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.1 | HIGH VOLATILITY | The high ATR as a percentage value for SLI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for SLI suggests a weak or negative trend. |
3.78
-0.06 (-1.56%)
STANDARD LITHIUM LTD / SLI FAQ
Can you provide the ChartMill technical rating for STANDARD LITHIUM LTD?
ChartMill assigns a technical rating of 8 / 10 to SLI.
What is the current trend direction of STANDARD LITHIUM LTD (SLI) stock?
The current trend direction for STANDARD LITHIUM LTD (SLI) is Bullish.
Can you provide the RSI signal for STANDARD LITHIUM LTD?
STANDARD LITHIUM LTD (SLI) has an RSI value of 51.9122. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for STANDARD LITHIUM LTD?
STANDARD LITHIUM LTD (SLI) has a support level at 3.56 and a resistance level at 4.1. Check the full technical report for our detailed analysis of SLI support and resistance levels.