SELLAS LIFE SCIENCES GROUP I (SLS)
US81642T2096 - Common Stock
We assign a technical rating of 8 out of 10 to SLS. 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
SLS is part of the Biotechnology industry. There are 587 other stocks in this industry. SLS outperforms 84% of them.
SLS has an average volume of 1723120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SLS did better than 90% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLS is lagging the market.
In the last month SLS has a been trading in the 1.12 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SLS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.25
1.65
We found 3 important support areas.
- A support zone ranging from 1.36 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.52 from a trend line in the weekly time frame.
- Resistance @1.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.61 to 1.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.57
Mansfield0.18
10 Day High1.54
10 Day Low1.25
20 Day High1.72
20 Day Low1.12
52 Week High1.91
52 Week Low0.5
Performance
1 Week7.75%
2 Weeks9.77%
1 Month-5.19%
3 Month89.61%
6 Month47.92%
12 Month-16.57%
2 Year-52.13%
3 Year-87.79%
5 Year-94.2%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)58.82
LBB1.2
UBB1.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.53 | 1.35 | 0.18 (11.76%) | 8.50% |
| An entry @1.53. This is a Buy Stop order right above the resistance zone. | An exit @1.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.18 points, which is 11.76%. | When investing 8.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SELLAS LIFE SCIENCES GROUP I
NASDAQ:SLS (5/17/2024, 7:26:41 PM)
After market: 1.48 +0.02 (+1.37%)1.46
-0.01 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.68%
1 Week7.75%
2 Weeks9.77%
1 Month-5.19%
3 Month89.61%
6 Month47.92%
12 Month-16.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%8.94%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.54
10 Day Low1.25
20 Day High1.72
20 Day Low1.12
52 Week High1.91
52 Week Low0.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.14M
Volume Incr-32.12%
Vol(5)1.10M
Vol(50)1.72M