Salt Trubeta High Exposure ETF (SLT) Stock Technical Analysis
NYSEARCA:SLT - NYSE Arca -
We assign a technical rating of 3 out of 10 to SLT. SLT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: SLT has an average volume of 1841 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SLT has a been trading in the 35.09 - 40.70 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, SLT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
SLT 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 SLT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
SLT has a poor technical rating and the quality of the setup is also only medium 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
35.55
43.72
We found 1 important support area.
- Support @35.91 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 39.46 to 40.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.29 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for SLT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLT is up. |
| ChartMill Relative Strength | 48.86 | NEUTRAL | SLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for SLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.45 | NEUTRAL | The Stochastics value for SLT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SLT suggests some volalility. |
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)
Salt Trubeta High Exposure ETF
NYSEARCA:SLT (2/24/2022, 8:19:34 PM)
39.22
-0.25 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week-0.54%
2 Weeks-1.85%
1 Month9.58%
3 Month-6.59%
6 Month-5.98%
12 Month-1.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%2.09%
ATR Inc-83.78%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.86
Mansfield-0.29
10 Day High40.7
10 Day Low38.02
20 Day High40.7
20 Day Low35.09
52 Week High45.71
52 Week Low35.09
CS1 End35.91
CR1 Start39.46
Volume & EV
DER(3)0%
DER(5)0%
Volume3.90K
Volume Incr-76.95%
Vol(5)900
Vol(50)1.84K