We assign a technical rating of 6 out of 10 to SLN. In the last year, SLN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
SLN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SLN 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
5.14
4 important support areas can be observed.
- Support @6.19 from a horizontal line in the daily time frame.
- Support @5.86 from a trend line in the daily time frame.
- Support @5.66 from a trend line in the weekly time frame.
- Support @5.19 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.26 to 6.32. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @6.97 from a horizontal line in the weekly time frame.
- Resistance @7.14 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 | NEUTRAL | NEUTRAL | The long term trend for SLN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLN is neutral. |
| ChartMill Relative Strength | 82.73 | POSITIVE | SLN has a high relative strength, it outperformed 82.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SLN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.31 | NEUTRAL | The RSI value for SLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SLN has a negative trend. |
| Stochastics (14,3) | 36.39 | NEUTRAL | The Stochastics value for SLN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for SLN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for SLN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 6.33 | 6.18 | 0.15 (2.37%) | 25.00% |
| An entry @6.33. This is a Buy Stop order right above the resistance zone. | An exit @6.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 2.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- The distance between exit and entry is rather small compared to the average daily movement of SLN. 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.
6.26
+0.06 (+0.97%)
SILENCE THERAPEUTICS PLC-ADR / SLN FAQ
What is the technical rating for SLN stock?
ChartMill assigns a technical rating of 6 / 10 to SLN.
Can you provide the trend direction for SILENCE THERAPEUTICS PLC-ADR?
The current trend direction for SILENCE THERAPEUTICS PLC-ADR (SLN) is Bearish.
Can you provide the RSI signal for SILENCE THERAPEUTICS PLC-ADR?
SILENCE THERAPEUTICS PLC-ADR (SLN) has an RSI value of 45.3095. This indicates that the stock is currently neutral.
What is the support and resistance level for SLN stock?
SILENCE THERAPEUTICS PLC-ADR (SLN) has a support level at 6.19 and a resistance level at 6.26. Check the full technical report for our detailed analysis of SLN support and resistance levels.