SOLUNA HOLDINGS INC (SLNH) Technical Analysis
NASDAQ:SLNH • US5835433013
Current stock price
SLNH Technical Rating and Analysis
Overall SLNH gets a technical rating of 0 out of 10. SLNH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than SLNH.
- SLNH is part of the Software industry. There are 278 other stocks in this industry, of which 61% are performing better than SLNH.
- SLNH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SLNH is lagging the market.
- In the last month SLNH has a been trading in the 0.68 - 1.05 range, which is quite wide. It is currently trading near the lows of this range.
- SLNH has an average volume of 4494940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SLNH Weekly and Daily overview Charts
SLNH Setup Rating and Analysis
Although the technical rating is bad, SLNH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
SLNH Support and Resistance Analysis
0.69
We found 1 important support area.
- A support zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
SLNH 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 SLNH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLNH is down. |
| ChartMill Relative Strength | 10.11 | NEGATIVE | SLNH has a low relative strength, it was outperformed by 89.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLNH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLNH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLNH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.82 | NEUTRAL | The RSI value for SLNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SLNH has a positive trend. |
| Stochastics (14,3) | 14.45 | OVERSOLD | The low Stochastics value suggests SLNH may be oversold. |
| Average True Range in percent/ATR (20) | 12.25 | HIGH VOLATILITY | The high ATR as a percentage value for SLNH suggests high volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for SLNH suggests a weak or negative trend. |
SLNH Chart- and CandleStick Pattern Analysis
SLNH Technicals: Chart, Performance Metrics, Trend & Indicators
0.7441
+0.03 (+4.63%)
SOLUNA HOLDINGS INC / SLNH TA FAQ
Can you provide the ChartMill technical rating for SOLUNA HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to SLNH.
Can you provide the trend direction for SOLUNA HOLDINGS INC?
The current trend direction for SOLUNA HOLDINGS INC (SLNH) is Bearish.
Can you provide the RSI signal for SOLUNA HOLDINGS INC?
SOLUNA HOLDINGS INC (SLNH) has an RSI value of 39.8233. This indicates that the stock is currently neutral.
What is the MACD signal for SLNH stock?
The MACD indicator for SOLUNA HOLDINGS INC (SLNH) has a value of 0.0064795, indicating a bearish trend.
What is the short term momentum for SLNH stock?
The short term momentum for SOLUNA HOLDINGS INC (SLNH) is negative.