USA - NASDAQ:SLS - US81642T2096 - Common Stock
Taking everything into account, SLS scores 0 out of 10 in our technical rating. SLS'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.
The technical rating of SLS is bad and it also does not present a quality setup 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.
1.24
We found 1 important support area.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for SLS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLS is down. |
| ChartMill Relative Strength | 35.72 | NEUTRAL | SLS is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SLS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.33 | OVERSOLD | The low RSI value suggests SLS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SLS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.29 | OVERSOLD | The low Stochastics value suggests SLS may be oversold. |
| Average True Range in percent/ATR (20) | 10.23 | HIGH VOLATILITY | The high ATR as a percentage value for SLS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for SLS suggests a possible start of a new trend. |
1.43
-0.03 (-2.05%)
ChartMill assigns a technical rating of 0 / 10 to SLS.
The current trend direction for SELLAS LIFE SCIENCES GROUP I (SLS) is Bearish.
SELLAS LIFE SCIENCES GROUP I (SLS) has an RSI value of 29.3302. This indicates that the stock is currently oversold.
SELLAS LIFE SCIENCES GROUP I (SLS) has a support level at 1.25 and a resistance level at 1.96. Check the full technical report for our detailed analysis of SLS support and resistance levels.