SELECTQUOTE INC (SLQT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SLQT • US8163073005
Overall SLQT gets a technical rating of 1 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 one of the lesser performing stocks in the Insurance industry. 84% of 147 stocks in the same industry do better.
- SLQT 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 SLQT has a been trading in the 1.34 - 1.76 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SLQT has an average volume of 1007870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, SLQT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.34, 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
1.32
When analyzing the support we notice one important area.
- A support zone ranging from 1.33 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.43 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.62 from a trend line in the daily time frame.
- Resistance @1.75 from a trend line 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 | 5.6 | NEGATIVE | SLQT has a low relative strength, it was outperformed by 94.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLQT is below 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) | DOWN | NEGATIVE | The current price of SLQT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.1 | NEUTRAL | The RSI value for SLQT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SLQT has a negative trend. |
| Stochastics (14,3) | 20.09 | NEUTRAL | The Stochastics value for SLQT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for SLQT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.21 | POSITIVE | The high ADX value value for SLQT suggests a strong trend. |
1.42
-0.02 (-1.39%)
SELECTQUOTE INC / SLQT FAQ
Can you provide the ChartMill technical rating for SELECTQUOTE INC?
ChartMill assigns a technical rating of 1 / 10 to SLQT.
What is the current trend direction of SELECTQUOTE INC (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 44.1031. This indicates that the stock is currently neutral.
What is the MACD signal for SELECTQUOTE INC (SLQT) stock?
The MACD indicator for SELECTQUOTE INC (SLQT) has a value of -0.0163571, indicating a bearish trend.
What is the short term momentum for SLQT stock?
The short term momentum for SELECTQUOTE INC (SLQT) is negative.