SLR INVESTMENT CORP (SLRC) Stock Technical Analysis
NASDAQ:SLRC - Nasdaq - US83413U1007 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SLRC. SLRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, SLRC is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month SLRC has a been trading in the 15.80 - 17.20 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SLRC is part of the Capital Markets industry. There are 233 other stocks in this industry, SLRC did better than 49% of them.
SLRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLRC is lagging the market.
Volume is considerably higher in the last couple of days.
SLRC has a bad technical rating, but it does show a decent setup pattern. 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 16.13. Right above this resistance zone may be a good entry point.
More info and screens
14.48
18.00
When analyzing the support we notice one important area.
- A support zone ranging from 14.63 to 14.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.10 to 16.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.83 to 16.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.82 to 17.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SLRC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLRC is down. |
| ChartMill Relative Strength | 37.99 | NEUTRAL | SLRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SLRC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLRC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for SLRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SLRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.85 | NEUTRAL | The Stochastics value for SLRC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for SLRC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for SLRC suggests a weak or negative 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)
16.1
-0.09 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.56%
1 Week0.88%
2 Weeks-0.8%
1 Month-3.94%
3 Month5.85%
6 Month-1.89%
12 Month0.12%
2 Year6.06%
3 Year12.51%
5 Year-0.43%
10 Year-9.4%
15 Year-21.92%
Volatility
ATR(14)0.3
ATR(20)%1.64%
ATR Inc-31.94%
Range Today0.19
ADR(20)0.24
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.99
Mansfield-0.73
10 Day High16.35
10 Day Low15.8
20 Day High17.2
20 Day Low15.8
52 Week High17.94
52 Week Low13.64
CS1 End16.09
CR1 Start16.13
Volume & EV
DER(3)-5.04%
DER(5)-3.45%
Volume180.98K
Volume Incr62.94%
Vol(5)285.90K
Vol(50)168.22K