SOLARIS OILFIELD INFRAST-A (SOI)
US83418M1036 - Common Stock
We assign a technical rating of 9 out of 10 to SOI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SOI has a been trading in the 8.15 - 9.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, SOI did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SOI is part of the Energy Equipment & Services industry. There are 65 other stocks in this industry, SOI did better than 60% of them.
SOI 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 SOI is lagging the market slightly.
Although SOI has an excellent technical rating, the quality of the presented setup is not ideal 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
7.98
10.83
We found 2 important support areas.
- A support zone ranging from 8.39 to 8.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.06 to 8.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.52 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.72 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.34
Mansfield-0.84
10 Day High9.66
10 Day Low8.2
20 Day High9.66
20 Day Low8.15
52 Week High11.33
52 Week Low6.59
Performance
1 Week4.35%
2 Weeks8.7%
1 Month0.8%
3 Month21.84%
6 Month-4.73%
12 Month15.8%
2 Year-34.2%
3 Year-11.21%
5 Year-37.67%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)53.33
LBB7.89
UBB9.4
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 |
|---|---|---|---|
| 9.67 | 8.38 | 1.29 (13.34%) | 7.50% |
| An entry @9.67. This is a Buy Stop order right above the 10 day high. | An exit @8.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.29 points, which is 13.34%. | When investing 7.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SOLARIS OILFIELD INFRAST-A
NYSE:SOI (5/1/2024, 7:23:10 PM)
After market: 8.87 0 (0%)8.87
+0.06 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.68%
1 Week4.35%
2 Weeks8.7%
1 Month0.8%
3 Month21.84%
6 Month-4.73%
12 Month15.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%3.66%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.66
10 Day Low8.2
20 Day High9.66
20 Day Low8.15
52 Week High11.33
52 Week Low6.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume373.30K
Volume Incr83.88%
Vol(5)530.92K
Vol(50)398.16K