SOLARIS OILFIELD INFRAST-A (SOI) Stock Technical Analysis
NYSE:SOI - New York Stock Exchange, Inc. - US83418M1036 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SOI. SOI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month SOI has a been trading in the 11.06 - 12.74 range, which is quite wide. It is currently trading near the lows of this range.
SOI is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry. SOI outperforms 83% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, SOI did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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 the technical rating is only medium, SOI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.31, a Stop Loss order could be placed below this zone.
More info and screens
7.98
13.01
3 important support areas can be observed.
- A support zone ranging from 11.25 to 11.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.85 to 8.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.06 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.74 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.49 from a trend line in the daily time frame.
- A resistance zone ranging from 12.69 to 12.88. 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 SOI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOI is down. |
| ChartMill Relative Strength | 79.23 | POSITIVE | SOI has a high relative strength, it outperformed 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for SOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SOI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.05 | OVERSOLD | The low Stochastics value suggests SOI may be oversold. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for SOI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for SOI suggests a weak or negative trend. |
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)
11.32
-0.1 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.88%
1 Week-3.82%
2 Weeks-8.78%
1 Month-3.17%
3 Month38.9%
6 Month32.55%
12 Month4.72%
2 Year20.94%
3 Year35.73%
5 Year-15.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.63%
ATR Inc-10.72%
Range Today0.41
ADR(20)0.39
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.23
Mansfield1.21
10 Day High12.74
10 Day Low11.06
20 Day High12.74
20 Day Low11.06
52 Week High13.56
52 Week Low6.59
CS1 End11.31
CR1 Start11.74
Volume & EV
DER(3)0.33%
DER(5)-0.44%
Volume415.10K
Volume Incr-7.92%
Vol(5)321.74K
Vol(50)481.53K