SIMULATIONS PLUS INC (SLP) Stock Technical Analysis
NASDAQ:SLP - Nasdaq - US8292141053 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SLP. In the last year, SLP was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, SLP is a bad performer in the overall market: 76% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SLP is an average performer in the Health Care Technology industry, it outperforms 69% of 37 stocks in the same industry.
SLP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLP is lagging the market slightly.
In the last month SLP has a been trading in the 27.85 - 36.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SLP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 31.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SLP 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
28.69
51.10
3 important support areas can be observed.
- A support zone ranging from 31.21 to 31.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.58 to 30.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.98 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @34.24 from a trend line in the weekly time frame.
- Resistance @36.42 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 37.02 to 37.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @50.59 from a horizontal 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 SLP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLP is up. |
| ChartMill Relative Strength | 24.22 | NEGATIVE | SLP has a low relative strength, it was outperformed by 75.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SLP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SLP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.61 | NEUTRAL | The RSI value for SLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SLP has a positive trend. |
| Stochastics (14,3) | 77.83 | NEUTRAL | The Stochastics value for SLP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SLP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for SLP suggests a possible start of a new 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)
33.045
+0.55 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.71%
1 Week4.8%
2 Weeks10.08%
1 Month-6.92%
3 Month4.01%
6 Month5.51%
12 Month-33.68%
2 Year-25.22%
3 Year-30.4%
5 Year-34.78%
10 Year460.09%
15 Year1271.16%
Volatility
ATR(14)1.73
ATR(20)%4.79%
ATR Inc1.91%
Range Today1.69
ADR(20)1.56
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.22
Mansfield-0.42
10 Day High33.19
10 Day Low29.31
20 Day High36
20 Day Low27.85
52 Week High50.11
52 Week Low23.01
CS1 End31.95
CR1 Start34.24
Volume & EV
DER(3)6.68%
DER(5)4.32%
Volume353.10K
Volume Incr0.22%
Vol(5)308.18K
Vol(50)347.29K