We assign a technical rating of 10 out of 10 to SLVO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLVO is showing a nice and steady performance.
Besides having an excellent technical rating, SLVO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 102.36. Right above this resistance zone may be a good entry point.
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74.72
When analyzing the support we can see 4 important areas.
- A support zone ranging from 95.28 to 96.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.52 to 91.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.80 to 88.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @75.47 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 102.36 to 102.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SLVO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLVO is up. |
| ChartMill Relative Strength | 86.41 | POSITIVE | SLVO has a high relative strength, it outperformed 86.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLVO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLVO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.1 | NEUTRAL | The RSI value for SLVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests SLVO has a negative trend. |
| Stochastics (14,3) | 37.76 | NEUTRAL | The Stochastics value for SLVO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for SLVO suggests low volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for SLVO suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 100.65 | 98.49 | 2.16 (2.15%) | 25.00% |
| An entry @100.65. This is a Buy Stop order right above the 10 day moving average. | An exit @98.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.16 points, which is 2.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
99.87
-0.7 (-0.7%)
UBS AG ETRACS SL SH CO C ETN / SLVO FAQ
What is the technical rating for SLVO stock?
ChartMill assigns a technical rating of 10 / 10 to SLVO.
What is the trend direction for SLVO stock?
The current trend direction for UBS AG ETRACS SL SH CO C ETN (SLVO) is Bullish.
Can you provide the RSI signal for UBS AG ETRACS SL SH CO C ETN?
UBS AG ETRACS SL SH CO C ETN (SLVO) has an RSI value of 55.0994. This indicates that the stock is currently neutral.
What is the MACD signal for SLVO stock?
The MACD indicator for UBS AG ETRACS SL SH CO C ETN (SLVO) has a value of -0.348217, indicating a bearish trend.
What is the buy/sell signal for SLVO stock?
The buy/sell signal for UBS AG ETRACS SL SH CO C ETN (SLVO) is buy as both the short term and long term trends are positive.