SELECTQUOTE INC (SLQT) Stock Technical Analysis
NYSE:SLQT - New York Stock Exchange, Inc. - US8163073005 - Common Stock - Currency: USD
Overall SLQT gets a technical rating of 2 out of 10. In the past year, SLQT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
92% of all other stocks performed better in the past year than SLQT.
SLQT is one of the lesser performing stocks in the Insurance industry. 91% of 144 stocks in the same industry do better.
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 2.12 - 2.53 range, which is quite wide. It is currently trading near the high of this range.
SLQT has an average volume of 1237950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
SLQT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SLQT 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
2.10
2.54
3 important support areas can be observed.
- Support @2.22 from a trend line in the weekly time frame.
- Support @2.18 from a trend line in the daily time frame.
- A support zone ranging from 2.12 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @2.51 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 SLQT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLQT is up. |
| ChartMill Relative Strength | 8.71 | NEGATIVE | SLQT has a low relative strength, it was outperformed by 91.29% 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) | DOWN | NEGATIVE | The current price of SLQT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLQT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.4 | NEUTRAL | The RSI value for SLQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SLQT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.32 | NEUTRAL | The Stochastics value for SLQT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SLQT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for SLQT 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)
2.42
+0.02 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.83%
1 Week4.76%
2 Weeks7.56%
1 Month10.5%
3 Month-24.37%
6 Month-41.55%
12 Month-18.24%
2 Year28.04%
3 Year31.52%
5 Year-86.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.04%
ATR Inc13.75%
Range Today0.09
ADR(20)0.09
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.71
Mansfield-2.92
10 Day High2.53
10 Day Low2.15
20 Day High2.53
20 Day Low2.12
52 Week High6.86
52 Week Low1.62
CS1 End2.26
CR1 Start2.3
Volume & EV
DER(3)2.65%
DER(5)3.84%
Volume478.98K
Volume Incr63.34%
Vol(5)1.35M
Vol(50)1.24M