SALARIUS PHARMACEUTICALS INC (SLRX) Technical Analysis
NASDAQ:SLRX • US79400X5032
Current stock price
SLRX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SLRX. SLRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SLRX is a bad performer in the overall market: 100% of all stocks are doing better.
- SLRX is one of the lesser performing stocks in the Biotechnology industry. 92% of 517 stocks in the same industry do better.
- SLRX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SLRX is lagging the market.
- In the last month SLRX has a been trading in the 0.51 - 0.90 range, which is quite wide. It is currently trading near the high of this range.
- SLRX has an average volume of 2357130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SLRX Weekly and Daily overview Charts
SLRX Setup Rating and Analysis
The technical rating of SLRX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SLRX Support and Resistance Analysis
SLRX Technical Indicator Signal Analysis
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 SLRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLRX is down. |
| ChartMill Relative Strength | 0.42 | NEGATIVE | SLRX has a low relative strength, it was outperformed by 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.28 | NEUTRAL | The RSI value for SLRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SLRX has a positive trend. |
| Stochastics (14,3) | 43.92 | NEUTRAL | The Stochastics value for SLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for SLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for SLRX suggests a strong trend. |
SLRX Chart- and CandleStick Pattern Analysis
SLRX Technicals: Chart, Performance Metrics, Trend & Indicators
0.84
+0.19 (+29.23%)
SALARIUS PHARMACEUTICALS INC / SLRX TA FAQ
Can you provide the ChartMill technical rating for SALARIUS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 1 / 10 to SLRX.
What is the trend direction for SLRX stock?
The current trend direction for SALARIUS PHARMACEUTICALS INC (SLRX) is Bearish.
What is the RSI signal for SALARIUS PHARMACEUTICALS INC (SLRX) stock?
SALARIUS PHARMACEUTICALS INC (SLRX) has an RSI value of 47.2788. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SALARIUS PHARMACEUTICALS INC?
The short term momentum for SALARIUS PHARMACEUTICALS INC (SLRX) is negative.
Can you provide the buy/sell signal for SALARIUS PHARMACEUTICALS INC?
The buy/sell signal for SALARIUS PHARMACEUTICALS INC (SLRX) is sell as both the short term and long term trends are negative.