STABILIS SOLUTIONS INC (SLNG) Technical Analysis
NASDAQ:SLNG • US85236P1012
Current stock price
SLNG Technical Rating and Analysis
Overall SLNG gets a technical rating of 1 out of 10. SLNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, SLNG is a bad performer in the overall market: 88% of all stocks are doing better.
- SLNG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 88% of 209 stocks in the same industry do better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month SLNG has a been trading in the 3.21 - 4.47 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- SLNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLNG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SLNG Weekly and Daily overview Charts
SLNG Setup Rating and Analysis
The technical rating of SLNG is bad and it also does not present a quality setup 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
SLNG Support and Resistance Analysis
4.36
We can see 2 important resistance areas.
- Resistance @5.30 from a trend line in the weekly time frame.
- Resistance @5.59 from a trend line in the weekly time frame.
SLNG 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 SLNG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLNG is up. |
| ChartMill Relative Strength | 12.54 | NEGATIVE | SLNG has a low relative strength, it was outperformed by 87.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SLNG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SLNG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.72 | NEUTRAL | The RSI value for SLNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SLNG has a positive trend. |
| Stochastics (14,3) | 92 | OVERBOUGHT | The high Stochastics value suggests SLNG may be overbought. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for SLNG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.95 | NEGATIVE | The low ADX value for SLNG suggests a weak or negative trend. |
SLNG Chart- and CandleStick Pattern Analysis
SLNG Technicals: Chart, Performance Metrics, Trend & Indicators
4.4
+0.15 (+3.53%)
STABILIS SOLUTIONS INC / SLNG TA FAQ
What is the ChartMill technical rating of STABILIS SOLUTIONS INC (SLNG) stock?
ChartMill assigns a technical rating of 1 / 10 to SLNG.
Can you provide the trend direction for STABILIS SOLUTIONS INC?
The current trend direction for STABILIS SOLUTIONS INC (SLNG) is Bearish.
Can you provide the RSI signal for STABILIS SOLUTIONS INC?
STABILIS SOLUTIONS INC (SLNG) has an RSI value of 61.7239. This indicates that the stock is currently neutral.
What is the MACD signal for SLNG stock?
The MACD indicator for STABILIS SOLUTIONS INC (SLNG) has a value of 0.12828, indicating a bearish trend.
Can you provide the buy/sell signal for STABILIS SOLUTIONS INC?
The buy/sell signal for STABILIS SOLUTIONS INC (SLNG) is hold as the short term and long term trends are mixed.