SLR INVESTMENT CORP (SLRC) Stock Technical Analysis
USA - NASDAQ:SLRC - US83413U1007 - Common Stock
Overall SLRC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SLRC was also a bad performer in the overall market in the last year.
SLRC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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13.81
When analyzing the support we notice one important area.
- A support zone ranging from 13.95 to 14.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.37 to 15.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.36 to 16.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.21 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 SLRC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLRC is up. |
| ChartMill Relative Strength | 29.56 | NEGATIVE | SLRC has a low relative strength, it was outperformed by 70.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.37 | NEUTRAL | The RSI value for SLRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SLRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.28 | OVERBOUGHT | The high Stochastics value suggests SLRC may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for SLRC suggests some volalility. |
| Average Directional Index/ADX (14) | 33.03 | POSITIVE | The high ADX value value for SLRC suggests a strong trend. |
15.27
+0.04 (+0.26%)
SLR INVESTMENT CORP / SLRC FAQ
What is the technical rating for SLRC stock?
ChartMill assigns a technical rating of 2 / 10 to SLRC.
Can you provide the trend direction for SLR INVESTMENT CORP?
The current trend direction for SLR INVESTMENT CORP (SLRC) is Bearish.
What is the RSI signal for SLRC stock?
SLR INVESTMENT CORP (SLRC) has an RSI value of 55.3679. This indicates that the stock is currently neutral.
What is the short term momentum for SLRC stock?
The short term momentum for SLR INVESTMENT CORP (SLRC) is positive.
What is the buy/sell signal for SLR INVESTMENT CORP (SLRC) stock?
The buy/sell signal for SLR INVESTMENT CORP (SLRC) is hold as the short term and long term trends are mixed.