SIMULATIONS PLUS INC (SLP) Stock Technical Analysis
NASDAQ:SLP • US8292141053
Overall SLP gets a technical rating of 0 out of 10. SLP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than SLP.
- SLP is part of the Health Care Technology industry. There are 35 other stocks in this industry, of which 61% are performing better than SLP.
- SLP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SLP has a been trading in the 11.60 - 21.01 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of SLP 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.
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11.54
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.34 to 19.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.49 from a horizontal line in the daily time frame.
- Resistance @21.94 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 | DOWN | NEGATIVE | The long term trend for SLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLP is down. |
| ChartMill Relative Strength | 5.72 | NEGATIVE | SLP has a low relative strength, it was outperformed by 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.72 | OVERSOLD | The low RSI value suggests SLP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests SLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.79 | OVERSOLD | The low Stochastics value suggests SLP may be oversold. |
| Average True Range in percent/ATR (20) | 7.82 | HIGH VOLATILITY | The high ATR as a percentage value for SLP suggests high volalility. |
| Average Directional Index/ADX (14) | 56.49 | POSITIVE | The high ADX value value for SLP suggests a strong trend. |
11.66
-0.55 (-4.5%)
SIMULATIONS PLUS INC / SLP FAQ
What is the ChartMill technical rating of SIMULATIONS PLUS INC (SLP) stock?
ChartMill assigns a technical rating of 0 / 10 to SLP.
Can you provide the trend direction for SIMULATIONS PLUS INC?
The current trend direction for SIMULATIONS PLUS INC (SLP) is Bearish.
What is the RSI signal for SIMULATIONS PLUS INC (SLP) stock?
SIMULATIONS PLUS INC (SLP) has an RSI value of 19.7235. This indicates that the stock is currently oversold.
What is the MACD signal for SIMULATIONS PLUS INC (SLP) stock?
The MACD indicator for SIMULATIONS PLUS INC (SLP) has a value of -0.279147, indicating a bearish trend.
What is the short term momentum for SLP stock?
The short term momentum for SIMULATIONS PLUS INC (SLP) is negative.