SOUTHLAND HOLDINGS INC (SLND) Stock Technical Analysis
NYSEARCA:SLND - NYSE Arca - US84445C1009 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to SLND. In the last year, SLND was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month SLND has a been trading in the 3.87 - 4.90 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SLND is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SLND is lagging the market slightly.
Looking at the yearly performance, SLND did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SLND is part of the Construction & Engineering industry. There are 49 other stocks in this industry, SLND did better than 45% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SLND does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SLND 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
2.81
4.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.89 to 3.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.71 from a horizontal line in the daily time frame.
- Support @3.13 from a trend line in the daily time frame.
- Support @2.84 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.76 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SLND is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLND is neutral. |
| ChartMill Relative Strength | 76.84 | POSITIVE | SLND has a high relative strength, it outperformed 76.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.73 | NEUTRAL | The RSI value for SLND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SLND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.69 | NEUTRAL | The Stochastics value for SLND is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for SLND suggests high volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for SLND suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 4.27 | 3.88 | 0.39 (9.13%) | 10.95% |
| An entry @4.27. This is a Buy Stop order right above the 10 day moving average. | An exit @3.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.39 points, which is 9.13%. | When investing 10.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
4.25
+0.22 (+5.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg5.46%
1 Week-1.16%
2 Weeks-0.7%
1 Month-6.8%
3 Month21.43%
6 Month39.8%
12 Month12.14%
2 Year-37.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.45%
ATR Inc53.32%
Range Today0.34
ADR(20)0.23
ADR(20)%5.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.84
Mansfield1.14
10 Day High4.5
10 Day Low3.87
20 Day High4.9
20 Day Low3.87
52 Week High4.9
52 Week Low1.85
CS1 End3.89
CR1 Start4.66
Volume & EV
DER(3)1.78%
DER(5)4.94%
Volume24.20K
Volume Incr-35.58%
Vol(5)26.82K
Vol(50)51.67K