SOLUNA HOLDINGS INC (SLNH) Technical Analysis
NASDAQ:SLNH • US5835433013
Current stock price
1.13 USD
-0.07 (-5.83%)
At close:
1.13 USD
0 (0%)
After Hours:
SLNH Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SLNH. In the past year, SLNH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- SLNH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- SLNH is part of the Software industry. There are 272 other stocks in this industry. SLNH outperforms 87% of them.
- SLNH has an average volume of 7184460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SLNH is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month SLNH has a been trading in the 0.59 - 1.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SLNH Weekly and Daily overview Charts
SLNH Setup Rating and Analysis
SLNH has an average technical rating and it also does not offer a high 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
SLNH Support and Resistance Analysis
0.62
1.46
We found 1 important support area.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.40 from a trend line in the daily time frame.
- Resistance @1.45 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SLNH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLNH is up. |
| ChartMill Relative Strength | 79.23 | POSITIVE | SLNH has a high relative strength, it outperformed 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLNH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLNH is above the rising 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) | 55.35 | NEUTRAL | The RSI value for SLNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SLNH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.27 | NEUTRAL | The Stochastics value for SLNH is a neutral value. |
| Average True Range in percent/ATR (20) | 15.57 | HIGH VOLATILITY | The high ATR as a percentage value for SLNH suggests high volalility. |
| Average Directional Index/ADX (14) | 36.23 | POSITIVE | The high ADX value value for SLNH suggests a strong trend. |
SLNH Chart- and CandleStick Pattern Analysis
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)
SLNH Technicals: Chart, Performance Metrics, Trend & Indicators
1.13
-0.07 (-5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.83%
1 Week-19.29%
2 Weeks22.04%
1 Month83.41%
3 Month6.6%
6 Month-67.62%
12 Month38.33%
2 Year-53.5%
3 Year-78.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%15.57%
ATR Inc11.25%
Range Today0.12
ADR(20)0.17
ADR(20)%14.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.23
3 months CRS77.81
6 months CRS4.19
Mansfield-1.52
10 Day High1.65
10 Day Low0.97
20 Day High1.65
20 Day Low0.59
52 Week High5.14
52 Week Low0.42
CS1 End0.64
CR1 Start1.21
Volume & EV
DER(3)-0.73%
DER(5)-2.39%
Volume15.84M
Volume Incr368.03%
Vol(5)30.81M
Vol(50)7.18M
SOLUNA HOLDINGS INC / SLNH TA FAQ
Can you provide the ChartMill technical rating for SOLUNA HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 10 to SLNH.
Can you provide the trend direction for SOLUNA HOLDINGS INC?
The current trend direction for SOLUNA HOLDINGS INC (SLNH) is Bearish.
What is the RSI signal for SLNH stock?
SOLUNA HOLDINGS INC (SLNH) has an RSI value of 55.3531. 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 0.0322277, indicating a bearish trend.