TCW SENIOR LOAN ETF (SLNZ) Stock Technical Analysis
NYSE:SLNZ - New York Stock Exchange, Inc. - US29287L8090 - ETF - Currency: USD
Overall SLNZ gets a technical rating of 5 out of 10. SLNZ has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
SLNZ has only a medium technical rating, but it does show a decent setup pattern. 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 47.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.12, a Stop Loss order could be placed below this zone.
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45.84
When analyzing the support we notice one important area.
- A support zone ranging from 46.30 to 47.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.28 to 47.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SLNZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLNZ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SLNZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLNZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLNZ is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.77 | NEUTRAL | The RSI value for SLNZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SLNZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.38 | NEUTRAL | The Stochastics value for SLNZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for SLNZ suggests low volalility. |
| Average Directional Index/ADX (14) | 9.68 | NEGATIVE | The low ADX value for SLNZ suggests a weak or negative trend. |
NYSE:SLNZ (7/23/2025, 9:30:01 AM)
47.28
+0.02 (+0.03%)