SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) Stock Technical Analysis
NASDAQ:SLNHP • US5835432023
Overall SLNHP gets a technical rating of 2 out of 10. Although SLNHP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- SLNHP is part of the Software industry. There are 274 other stocks in this industry. SLNHP outperforms 91% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that SLNHP is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- SLNHP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLNHP is lagging the market.
- In the last month SLNHP has a been trading in the 8.23 - 10.84 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.
Although the technical rating is bad, SLNHP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.96. Right above this resistance zone may be a good entry point. 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
8.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.96 to 9.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.58 from a horizontal line in the weekly time frame.
- Support @8.44 from a trend line in the daily time frame.
- Support @8.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.45 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.74 from a trend line in the weekly time frame.
- Resistance @10.30 from a trend line in the daily time frame.
- Resistance @11.63 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SLNHP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLNHP is down. |
| ChartMill Relative Strength | 82.04 | POSITIVE | SLNHP has a high relative strength, it outperformed 82.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLNHP is below 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) | UP | POSITIVE | The current price of SLNHP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.93 | NEUTRAL | The RSI value for SLNHP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SLNHP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.41 | NEUTRAL | The Stochastics value for SLNHP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.6 | HIGH VOLATILITY | The high ATR as a percentage value for SLNHP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for SLNHP suggests a weak or negative trend. |
SOLUNA HOLDINGS INC - SLNH 9 PERP
NASDAQ:SLNHP (2/25/2026, 12:59:51 PM)
9.1
+0.23 (+2.59%)
SOLUNA HOLDINGS INC - SLNH 9 PERP / SLNHP FAQ
What is the technical rating for SLNHP stock?
ChartMill assigns a technical rating of 2 / 10 to SLNHP.
Can you provide the trend direction for SOLUNA HOLDINGS INC - SLNH 9 PERP?
The current trend direction for SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) is Bearish.
What is the RSI signal for SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) stock?
SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) has an RSI value of 44.928. This indicates that the stock is currently neutral.
What is the MACD signal for SLNHP stock?
The MACD indicator for SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) has a value of -0.0295342, indicating a bearish trend.
What is the short term momentum for SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) stock?
The short term momentum for SOLUNA HOLDINGS INC - SLNH 9 PERP (SLNHP) is negative.