SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) Stock Technical Analysis
NASDAQ:SLNHP - Nasdaq - US5835432023 - Currency: USD
Overall SLNHP gets a technical rating of 0 out of 10. SLNHP'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.
72% of all other stocks performed better in the past year than SLNHP.
SLNHP is part of the Software industry. There are 283 other stocks in this industry, of which 62% are performing better than SLNHP.
SLNHP 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 SLNHP is lagging the market.
Warning: SLNHP has an average volume of 5378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SLNHP has a been trading in the 3.15 - 4.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SLNHP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SLNHP 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
3.47
6.29
2 important support areas can be observed.
- A support zone ranging from 3.61 to 3.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.78 to 3.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.78 from a trend line in the weekly time frame.
- Resistance @6.23 from a horizontal line in the daily time frame.
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 SLNHP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLNHP is down. |
| ChartMill Relative Strength | 28.85 | NEGATIVE | SLNHP has a low relative strength, it was outperformed by 71.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SLNHP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLNHP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLNHP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for SLNHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SLNHP has a positive trend. |
| Stochastics (14,3) | 75.9 | NEUTRAL | The Stochastics value for SLNHP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for SLNHP suggests high volalility. |
| Average Directional Index/ADX (14) | 43.79 | POSITIVE | The high ADX value value for SLNHP suggests a strong trend. |
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)
SOLUNA HOLDINGS INC - SLNH 9 PERP
NASDAQ:SLNHP (6/5/2025, 8:09:42 PM)
3.77
+0.16 (+4.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.43%
1 Week5.6%
2 Weeks7.24%
1 Month-16.96%
3 Month-20.46%
6 Month-64.6%
12 Month8.33%
2 Year105.58%
3 Year-66.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%7.44%
ATR Inc-37.47%
Range Today0.08
ADR(20)0.23
ADR(20)%6.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.85
Mansfield-4.67
10 Day High3.77
10 Day Low3.5
20 Day High4.84
20 Day Low3.15
52 Week High13.5
52 Week Low3.15
CS1 End3.62
CR1 Start3.78
Volume & EV
DER(3)20.33%
DER(5)12.2%
Volume3.30K
Volume Incr-4.36%
Vol(5)2.74K
Vol(50)5.38K