Taking everything into account, SLS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SLS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SLS has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
1.28
3 important support areas can be observed.
- Support @1.49 from a trend line in the weekly time frame.
- A support zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.17 to 2.21. 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 | UP | POSITIVE | The long term trend for SLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLS is up. |
| ChartMill Relative Strength | 96.42 | POSITIVE | SLS has a high relative strength, it outperformed 96.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.68 | NEUTRAL | The RSI value for SLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.12 | OVERBOUGHT | The high Stochastics value suggests SLS may be overbought. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for SLS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.93 | POSITIVE | The high ADX value value for SLS suggests a strong trend. |
2.11
-0.09 (-4.09%)
SELLAS LIFE SCIENCES GROUP I / SLS FAQ
What is the technical rating for SLS stock?
ChartMill assigns a technical rating of 10 / 10 to SLS.
What is the current trend direction of SELLAS LIFE SCIENCES GROUP I (SLS) stock?
The current trend direction for SELLAS LIFE SCIENCES GROUP I (SLS) is Bullish.
What is the RSI signal for SELLAS LIFE SCIENCES GROUP I (SLS) stock?
SELLAS LIFE SCIENCES GROUP I (SLS) has an RSI value of 65.6839. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SELLAS LIFE SCIENCES GROUP I?
The buy/sell signal for SELLAS LIFE SCIENCES GROUP I (SLS) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SELLAS LIFE SCIENCES GROUP I (SLS) stock?
SELLAS LIFE SCIENCES GROUP I (SLS) has a support level at 1.49 and a resistance level at 2.17. Check the full technical report for our detailed analysis of SLS support and resistance levels.