(SLN.W) Technical Analysis
NYSEARCA:SLN.W
Current stock price
SLN.W Technical Rating and Analysis
Taking everything into account, SLN.W scores 0 out of 10 in our technical rating. SLN.W's overall performance in the market is below average. Also 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.
- When comparing the yearly performance of all stocks, SLN.W is a bad performer in the overall market: 99% of all stocks are doing better.
- SLN.W is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SLN.W has a been trading in the 0.02 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
SLN.W Weekly and Daily overview Charts
SLN.W Setup Rating and Analysis
SLN.W has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for SLN.W 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
SLN.W Support and Resistance Analysis
0.02
When analyzing the support we notice one important area.
- Support @0.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.05 from a trend line in the daily time frame.
SLN.W 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 SLN.W is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLN.W is down. |
| ChartMill Relative Strength | 1.74 | NEGATIVE | SLN.W has a low relative strength, it was outperformed by 98.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLN.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLN.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLN.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.56 | NEUTRAL | The RSI value for SLN.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SLN.W has a negative trend. |
| Stochastics (14,3) | 3.79 | OVERSOLD | The low Stochastics value suggests SLN.W may be oversold. |
| Average True Range in percent/ATR (20) | 40.31 | HIGH VOLATILITY | The high ATR as a percentage value for SLN.W suggests high volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for SLN.W suggests a weak or negative trend. |
SLN.W Chart- and CandleStick Pattern Analysis
SLN.W Technicals: Chart, Performance Metrics, Trend & Indicators
/ SLN.W TA FAQ
What is the ChartMill technical rating of (SLN.W) stock?
ChartMill assigns a technical rating of 0 / 10 to SLN.W.
What is the trend direction for SLN.W stock?
The current trend direction for (SLN.W) is Bearish.
What is the RSI signal for SLN.W stock?
(SLN.W) has an RSI value of 43.5624. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ?
The MACD indicator for (SLN.W) has a value of -0.000656303, indicating a bearish trend.
What is the short term momentum for (SLN.W) stock?
The short term momentum for (SLN.W) is negative.