52 USD
+2.51 (+5.07%)
52 USD
0 (0%)
We assign a technical rating of 2 out of 10 to SLNO. SLNO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SLNO 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.
SLNO has an average volume of 1821670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SLNO turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
SLNO is part of the Biotechnology industry. There are 531 other stocks in this industry, SLNO did better than 53% of them.
In the last month SLNO has a been trading in the 44.20 - 55.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SLNO is bad and it also does not present a 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
43.24
72.62
3 important support areas can be observed.
- Support @47.06 from a trend line in the daily time frame.
- A support zone ranging from 44.78 to 45.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.68 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 52.01 to 52.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @59.14 from a trend line in the weekly time frame.
- Resistance @61.20 from a trend line in the daily time frame.
- Resistance @68.16 from a horizontal line in the daily time frame.
- Resistance @71.90 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 SLNO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLNO is neutral. |
| ChartMill Relative Strength | 58.21 | NEUTRAL | SLNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLNO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLNO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for SLNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests SLNO has a positive trend. |
| Stochastics (14,3) | 59.76 | NEUTRAL | The Stochastics value for SLNO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for SLNO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.32 | NEGATIVE | The low ADX value for SLNO suggests a weak or negative 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)
52
+2.51 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.07%
1 Week1.23%
2 Weeks3.07%
1 Month9.82%
3 Month-3.02%
6 Month-34.3%
12 Month11.33%
2 Year29.19%
3 Year2526.26%
5 Year79.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.69
ATR(20)%5.15%
ATR Inc126.17%
Range Today3.69
ADR(20)2.67
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.21
3 months CRS33.11
6 months CRS7.98
Mansfield-2.62
10 Day High55.47
10 Day Low47.8
20 Day High55.47
20 Day Low44.2
52 Week High90.32
52 Week Low41.5
CS1 End47.06
CR1 Start52.01
Volume & EV
DER(3)4.06%
DER(5)2.08%
Volume1.45M
Volume Incr-11.65%
Vol(5)1.57M
Vol(50)1.82M
SOLENO THERAPEUTICS INC / SLNO FAQ
What is the ChartMill technical rating of SOLENO THERAPEUTICS INC (SLNO) stock?
ChartMill assigns a technical rating of 2 / 10 to SLNO.
What is the trend direction for SLNO stock?
The current trend direction for SOLENO THERAPEUTICS INC (SLNO) is Bearish.
What is the RSI signal for SOLENO THERAPEUTICS INC (SLNO) stock?
SOLENO THERAPEUTICS INC (SLNO) has an RSI value of 50.9999. This indicates that the stock is currently neutral.
What is the MACD signal for SOLENO THERAPEUTICS INC (SLNO) stock?
The MACD indicator for SOLENO THERAPEUTICS INC (SLNO) has a value of 0.769577, indicating a bearish trend.