SELECTQUOTE INC (SLQT) Technical Analysis
NYSE:SLQT • US8163073005
Current stock price
SLQT Technical Rating and Analysis
Taking everything into account, SLQT scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SLQT was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SLQT is a bad performer in the overall market: 95% of all stocks are doing better.
- SLQT is part of the Insurance industry. There are 147 other stocks in this industry, of which 86% are performing better than SLQT.
- SLQT 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.
- In the last month SLQT has a been trading in the 0.56 - 1.00 range, which is quite wide. It is currently trading near the high of this range.
- SLQT has an average volume of 1201210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SLQT Weekly and Daily overview Charts
SLQT Setup Rating and Analysis
The technical rating of SLQT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SLQT Support and Resistance Analysis
0.96
When analyzing the support we notice one important area.
- A support zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.04 from a trend line in the daily time frame.
- Resistance @1.11 from a trend line in the daily time frame.
SLQT Technical Indicator Signal Analysis
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 SLQT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLQT is up. |
| ChartMill Relative Strength | 5.1 | NEGATIVE | SLQT has a low relative strength, it was outperformed by 94.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLQT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLQT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLQT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.99 | OVERBOUGHT | The high RSI value suggests SLQT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SLQT has a positive trend. |
| Stochastics (14,3) | 95.18 | OVERBOUGHT | The high Stochastics value suggests SLQT may be overbought. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for SLQT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.09 | POSITIVE | The high ADX value value for SLQT suggests a strong trend. |
SLQT Chart- and CandleStick Pattern Analysis
SLQT Technicals: Chart, Performance Metrics, Trend & Indicators
0.9799
+0.06 (+6.75%)
SELECTQUOTE INC / SLQT TA FAQ
Can you provide the ChartMill technical rating for SELECTQUOTE INC?
ChartMill assigns a technical rating of 3 / 10 to SLQT.
What is the current trend direction of SELECTQUOTE INC (SLQT) stock?
The current trend direction for SELECTQUOTE INC (SLQT) is Bearish.
What is the RSI signal for SLQT stock?
SELECTQUOTE INC (SLQT) has an RSI value of 74.988. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for SELECTQUOTE INC?
The buy/sell signal for SELECTQUOTE INC (SLQT) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for SELECTQUOTE INC (SLQT) stock?
SELECTQUOTE INC (SLQT) has a support level at 0.97 and a resistance level at 1.04. Check the full technical report for our detailed analysis of SLQT support and resistance levels.