SELECTQUOTE INC (SLQT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SLQT - US8163073005 - Common Stock
Overall SLQT gets a technical rating of 0 out of 10. SLQT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SLQT does present a nice setup opportunity. 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 1.46. Right above this resistance zone may be a good entry point.
More info and screens
1.38
We can see 4 important resistance areas.
- A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.88 from a trend line in the daily time frame.
- A resistance zone ranging from 2.07 to 2.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.73 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 | DOWN | NEGATIVE | The short term trend for SLQT is down. |
| ChartMill Relative Strength | 5.94 | NEGATIVE | SLQT has a low relative strength, it was outperformed by 94.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLQT is below a declining 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) | DOWN | NEGATIVE | The current price of SLQT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.65 | NEUTRAL | The RSI value for SLQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SLQT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.75 | NEUTRAL | The Stochastics value for SLQT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for SLQT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.82 | POSITIVE | The high ADX value value for SLQT suggests a strong trend. |
1.39
-0.06 (-4.14%)
SELECTQUOTE INC / SLQT FAQ
What is the technical rating for SLQT stock?
ChartMill assigns a technical rating of 0 / 10 to SLQT.
What is the trend direction for SLQT stock?
The current trend direction for SELECTQUOTE INC (SLQT) is Bearish.
Can you provide the RSI signal for SELECTQUOTE INC?
SELECTQUOTE INC (SLQT) has an RSI value of 35.6471. This indicates that the stock is currently neutral.
What is the short term momentum for SELECTQUOTE INC (SLQT) stock?
The short term momentum for SELECTQUOTE INC (SLQT) is negative.
What is the buy/sell signal for SLQT stock?
The buy/sell signal for SELECTQUOTE INC (SLQT) is sell as both the short term and long term trends are negative.