Taking everything into account, SLND scores 1 out of 10 in our technical rating. SLND'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.
Although the technical rating is bad, SLND does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.84. Right above this resistance zone may be a good entry point.
More info and screens
2.81
When analyzing the support we can see 4 important areas.
- Support @3.41 from a horizontal line in the daily time frame.
- Support @3.23 from a trend line in the weekly time frame.
- Support @3.16 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.84 to 2.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.84 to 3.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.34 from a trend line in the weekly time frame.
- Resistance @4.67 from a horizontal line in the daily time frame.
- Resistance @4.81 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 | DOWN | NEGATIVE | The long term trend for SLND is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLND is down. |
| ChartMill Relative Strength | 20.56 | NEGATIVE | SLND has a low relative strength, it was outperformed by 79.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLND is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLND is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.09 | NEUTRAL | The RSI value for SLND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SLND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.44 | NEUTRAL | The Stochastics value for SLND is a neutral value. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for SLND suggests high volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for SLND suggests a weak or negative trend. |
3.42
-0.01 (-0.29%)
SOUTHLAND HOLDINGS INC / SLND FAQ
Can you provide the ChartMill technical rating for SOUTHLAND HOLDINGS INC?
ChartMill assigns a technical rating of 1 / 10 to SLND.
What is the current trend direction of SOUTHLAND HOLDINGS INC (SLND) stock?
The current trend direction for SOUTHLAND HOLDINGS INC (SLND) is Bearish.
What is the RSI signal for SOUTHLAND HOLDINGS INC (SLND) stock?
SOUTHLAND HOLDINGS INC (SLND) has an RSI value of 44.0925. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOUTHLAND HOLDINGS INC?
The MACD indicator for SOUTHLAND HOLDINGS INC (SLND) has a value of 0.00431977, indicating a bearish trend.
What is the buy/sell signal for SLND stock?
The buy/sell signal for SOUTHLAND HOLDINGS INC (SLND) is sell as both the short term and long term trends are negative.