We assign a technical rating of 0 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.
Although the technical rating is bad, SLRX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.77
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 | 0.32 | NEGATIVE | SLRX has a low relative strength, it was outperformed by 99.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLRX is below a declining 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) | 25.05 | OVERSOLD | The low RSI value suggests SLRX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SLRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.66 | NEUTRAL | The Stochastics value for SLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.65 | HIGH VOLATILITY | The high ATR as a percentage value for SLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.21 | POSITIVE | The high ADX value value for SLRX suggests a strong trend. |
0.78
-0.03 (-3.68%)
ChartMill assigns a technical rating of 0 / 10 to SLRX.
The current trend direction for SALARIUS PHARMACEUTICALS INC (SLRX) is Bearish.
SALARIUS PHARMACEUTICALS INC (SLRX) has an RSI value of 25.0487. This indicates that the stock is currently oversold.
The short term momentum for SALARIUS PHARMACEUTICALS INC (SLRX) is negative.
The buy/sell signal for SALARIUS PHARMACEUTICALS INC (SLRX) is sell as both the short term and long term trends are negative.