SNI Technical Analysis - STOLT-NIELSEN LTD

Technical Rating and Analysis

Taking everything into account, SNI scores 3 out of 10 in our technical rating. In the last year, SNI was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

62% of all other stocks performed better in the past year than SNI.

SNI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

SNI is one of the better performing stocks in the Marine Transportation industry, it outperforms 76% of 18 stocks in the same industry.

SNI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SNI is lagging the market slightly.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

STOLT-NIELSEN LTD / SNI Weekly stock chart

STOLT-NIELSEN LTD / SNI Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, SNI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 320.99, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

307.88

360.08

We found 2 important support areas.

A support zone ranging from 319.50 to 320.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 310.99 to 313.00. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 3 important areas.

Resistance @339.25 from a trend line in the weekly time frame.
Resistance @349.01 from a horizontal line in the weekly time frame.
Resistance @356.51 from a horizontal line in the daily time frame.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

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 SNI.OL is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SNI.OL is down.
ChartMill Relative Strength	38.57	NEUTRAL	SNI.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SNI.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of SNI.OL is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of SNI.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)	44.79	NEUTRAL	The RSI value for SNI.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.61	NEGATIVE	The MACD value suggests SNI.OL has a negative trend, although the MACD value is rising.
Stochastics (14,3)	31.44	NEUTRAL	The Stochastics value for SNI.OL is a neutral value.
Average True Range in percent/ATR (20)	3.12	MEDIUM VOLATILITY	The ATR as a percentage value for SNI.OL suggests some volalility.
Average Directional Index/ADX (14)	28.81	POSITIVE	The high ADX value value for SNI.OL suggests a strong trend.