Taking everything into account, SLSN scores 0 out of 10 in our technical rating. SLSN'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SLSN is a bad performer in the overall market: 100% of all stocks are doing better.
- SLSN is one of the lesser performing stocks in the Chemicals industry. 98% of 82 stocks in the same industry do better.
- In the last month SLSN has a been trading in the 1.44 - 1.95 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SLSN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.47
We can see 2 important resistance areas.
- Resistance @1.63 from a horizontal line in the daily time frame.
- Resistance @2.77 from a trend line in the weekly time frame.
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 SLSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLSN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SLSN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLSN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.7 | NEUTRAL | The RSI value for SLSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SLSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.03 | NEUTRAL | The Stochastics value for SLSN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for SLSN suggests high volalility. |
| Average Directional Index/ADX (14) | 49.16 | POSITIVE | The high ADX value value for SLSN suggests a strong trend. |
NASDAQ:SLSN (1/23/2026, 8:00:02 PM)
1.48
-0.08 (-5.13%)
SOLESENCE INC / SLSN FAQ
What is the ChartMill technical rating of SOLESENCE INC (SLSN) stock?
ChartMill assigns a technical rating of 0 / 10 to SLSN.
Can you provide the trend direction for SOLESENCE INC?
The current trend direction for SOLESENCE INC (SLSN) is Bearish.
What is the RSI signal for SLSN stock?
SOLESENCE INC (SLSN) has an RSI value of 35.6967. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOLESENCE INC?
The MACD indicator for SOLESENCE INC (SLSN) has a value of 0.0264719, indicating a bearish trend.
What is the buy/sell signal for SLSN stock?
The buy/sell signal for SOLESENCE INC (SLSN) is sell as both the short term and long term trends are negative.