SELLAS LIFE SCIENCES GROUP I (SLS) Technical Analysis
NASDAQ:SLS • US81642T2096
Current stock price
SLS Technical Rating and Analysis
Taking everything into account, SLS scores 9 out of 10 in our technical rating. In the last year, SLS was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month SLS has a been trading in the 4.32 - 6.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that SLS is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by SLS over the past year are nicely spread over this period.
- SLS is part of the Biotechnology industry. There are 519 other stocks in this industry. SLS outperforms 93% of them.
- SLS has an average volume of 7025110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SLS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SLS is lagging the market slightly.
SLS Weekly and Daily overview Charts
SLS Setup Rating and Analysis
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
SLS Support and Resistance Analysis
1.52
We found 1 important support area.
- Support @1.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.24 to 5.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
SLS 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 | UP | POSITIVE | The long term trend for SLS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLS is neutral. |
| ChartMill Relative Strength | 98.68 | POSITIVE | SLS has a high relative strength, it outperformed 98.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SLS is below 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) | 43.4 | NEUTRAL | The RSI value for SLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SLS has a negative trend. |
| Stochastics (14,3) | 20.67 | NEUTRAL | The Stochastics value for SLS is a neutral value. |
| Average True Range in percent/ATR (20) | 12.47 | HIGH VOLATILITY | The high ATR as a percentage value for SLS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for SLS suggests a possible start of a new trend. |
SLS Chart- and CandleStick Pattern Analysis
SLS Technicals: Chart, Performance Metrics, Trend & Indicators
4.365
-0.58 (-11.82%)
SELLAS LIFE SCIENCES GROUP I / SLS TA FAQ
What is the technical rating for SLS stock?
ChartMill assigns a technical rating of 9 / 10 to SLS.
Can you provide the trend direction for SELLAS LIFE SCIENCES GROUP I?
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 43.3966. This indicates that the stock is currently neutral.
What is the MACD signal for SLS stock?
The MACD indicator for SELLAS LIFE SCIENCES GROUP I (SLS) has a value of -0.12596, indicating a bearish trend.
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 1.54 and a resistance level at 5.24. Check the full technical report for our detailed analysis of SLS support and resistance levels.