SOLUNA HOLDINGS INC (SLNH) Technical Analysis
NASDAQ:SLNH • US5835433013
Current stock price
0.7106 USD
-0.08 (-9.78%)
At close:
0.712 USD
+0 (+0.2%)
Pre-Market:
SLNH Technical Rating and Analysis
Overall SLNH gets a technical rating of 0 out of 10. SLNH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SLNH is a bad performer in the overall market: 91% of all stocks are doing better.
- SLNH is one of the lesser performing stocks in the Software industry. 60% of 278 stocks in the same industry do better.
- 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 - 0.99 range, which is quite wide. It is currently trading near the lows of this range.
- SLNH has an average volume of 4306880 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. Prices have been consolidating lately. We notice that large players showed an interest for SLNH 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
SLNH Support and Resistance Analysis
0.69
1.53
When analyzing the support we notice one important 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.51 from a horizontal 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 | 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 | 9.74 | NEGATIVE | SLNH has a low relative strength, it was outperformed by 90.26% 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) | 39.88 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 29.53 | NEUTRAL | The Stochastics value for SLNH is a neutral value. |
| Average True Range in percent/ATR (20) | 12.12 | HIGH VOLATILITY | The high ATR as a percentage value for SLNH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for SLNH suggests a weak or negative 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
0.7106
-0.08 (-9.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-9.78%
1 Week-4.66%
2 Weeks-8.92%
1 Month-24.66%
3 Month-49.6%
6 Month-74.16%
12 Month-20.54%
2 Year-75.33%
3 Year-89.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%12.12%
ATR Inc24.38%
Range Today0.11
ADR(20)0.08
ADR(20)%11.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.74
3 months CRS4.48
6 months CRS3.66
Mansfield-4.05
10 Day High0.85
10 Day Low0.68
20 Day High0.99
20 Day Low0.68
52 Week High5.14
52 Week Low0.36
CS1 End0.7
CR1 Start0.79
Volume & EV
DER(3)6.87%
DER(5)2.45%
Volume2.11M
Volume Incr-28.97%
Vol(5)2.04M
Vol(50)4.31M
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 39.8775. 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 0.00871097, indicating a bearish trend.
What is the short term momentum for SLNH stock?
The short term momentum for SOLUNA HOLDINGS INC (SLNH) is negative.