Taking everything into account, SLSR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLSR is showing a nice and steady performance.
Besides having an excellent technical rating, SLSR also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
4.09
We found 4 important support areas.
- Support @7.48 from a horizontal line in the daily time frame.
- Support @6.34 from a trend line in the daily time frame.
- Support @4.28 from a trend line in the weekly time frame.
- Support @4.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.00 to 8.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for SLSR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLSR is up. |
| ChartMill Relative Strength | 97.23 | POSITIVE | SLSR has a high relative strength, it outperformed 97.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLSR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLSR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.94 | NEUTRAL | The RSI value for SLSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SLSR has a negative trend. |
| Stochastics (14,3) | 58.25 | NEUTRAL | The Stochastics value for SLSR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for SLSR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for SLSR suggests a strong trend. |
7.97
-0.08 (-0.99%)
SOLARIS RESOURCES INC / SLSR FAQ
What is the technical rating for SLSR stock?
ChartMill assigns a technical rating of 10 / 10 to SLSR.
Can you provide the trend direction for SOLARIS RESOURCES INC?
The current trend direction for SOLARIS RESOURCES INC (SLSR) is Bullish.
What is the RSI signal for SOLARIS RESOURCES INC (SLSR) stock?
SOLARIS RESOURCES INC (SLSR) has an RSI value of 55.9358. This indicates that the stock is currently neutral.
What is the MACD signal for SLSR stock?
The MACD indicator for SOLARIS RESOURCES INC (SLSR) has a value of -0.0299993, indicating a bearish trend.
What is the buy/sell signal for SOLARIS RESOURCES INC (SLSR) stock?
The buy/sell signal for SOLARIS RESOURCES INC (SLSR) is buy as both the short term and long term trends are positive.