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.
SLNH has a poor technical rating and the quality of the setup is also not perfect 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.
1.16
When analyzing the resistance we notice 2 important areas.
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 | 6.72 | NEGATIVE | SLNH has a low relative strength, it was outperformed by 93.28% 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) | 36.34 | NEUTRAL | The RSI value for SLNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SLNH has a negative trend. |
| Stochastics (14,3) | 5.75 | OVERSOLD | The low Stochastics value suggests SLNH may be oversold. |
| Average True Range in percent/ATR (20) | 19.27 | HIGH VOLATILITY | The high ATR as a percentage value for SLNH suggests high volalility. |
| Average Directional Index/ADX (14) | 9.72 | NEGATIVE | The low ADX value for SLNH suggests a weak or negative trend. |
1.17
-0.04 (-3.31%)
ChartMill assigns a technical rating of 0 / 10 to SLNH.
The current trend direction for SOLUNA HOLDINGS INC (SLNH) is Bearish.
SOLUNA HOLDINGS INC (SLNH) has an RSI value of 36.3395. This indicates that the stock is currently neutral.
The MACD indicator for SOLUNA HOLDINGS INC (SLNH) has a value of -0.00953706, indicating a bearish trend.
The short term momentum for SOLUNA HOLDINGS INC (SLNH) is negative.