SOUTHLAND HOLDINGS INC (SLND) Stock Technical Analysis
NYSEARCA:SLND - NYSE Arca - US84445C1009 - Common Stock - Currency: USD
Taking everything into account, SLND scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SLND is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, SLND turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
SLND is an average performer in the Construction & Engineering industry, it outperforms 43% of 51 stocks in the same industry.
SLND is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLND is lagging the market slightly.
In the last month SLND has a been trading in the 3.11 - 4.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SLND has an excellent technical rating, it does not present a decent entry opportunity 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
2.81
4.64
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.70 to 3.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.58 from a horizontal line in the daily time frame.
- Support @2.96 from a trend line in the daily time frame.
- Support @2.84 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.82 to 3.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.59 from a trend line in the weekly 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 SLND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLND is up. |
| ChartMill Relative Strength | 43.34 | NEUTRAL | SLND is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLND is above the rising 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) | 68.66 | NEUTRAL | The RSI value for SLND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SLND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for SLND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for SLND suggests some volalility. |
| Average Directional Index/ADX (14) | 32.67 | POSITIVE | The high ADX value value for SLND suggests a strong 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)
3.81
+0.1 (+2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg2.7%
1 Week0.26%
2 Weeks8.86%
1 Month19.44%
3 Month19.44%
6 Month21.34%
12 Month-24.7%
2 Year-55.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.87%
ATR Inc-8.32%
Range Today0.24
ADR(20)0.18
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.34
Mansfield0.27
10 Day High4.22
10 Day Low3.5
20 Day High4.22
20 Day Low3.11
52 Week High5.98
52 Week Low1.85
CS1 End3.8
CR1 Start3.82
Volume & EV
DER(3)3.34%
DER(5)2.45%
Volume38.10K
Volume Incr-38.66%
Vol(5)29.46K
Vol(50)41.23K