SOLVAY SA (SOLB.BR)
BE0003470755 - Common Stock
Overall SOLB gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SOLB is one of the better performing stocks in the market, outperforming 86% of all stocks.
SOLB is part of the Chemicals industry. There are 63 other stocks in this industry. SOLB outperforms 90% of them.
SOLB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SOLB is performing more or less in line with the market.
In the last month SOLB has a been trading in the 31.75 - 34.93 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.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SOLB also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
22.49
35.12
3 important support areas can be observed.
- A support zone ranging from 31.68 to 32.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.78 to 30.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.72 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.36 to 33.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.53 to 34.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.23
Mansfield0.61
10 Day High34.93
10 Day Low31.9
20 Day High34.93
20 Day Low31.75
52 Week High36.62
52 Week Low17.88
Performance
1 Week-1.94%
2 Weeks2.33%
1 Month1.46%
3 Month10.5%
6 Month26.28%
12 Month17.03%
2 Year50.02%
3 Year14.02%
5 Year38.13%
10 Year6.14%
15 Year86.52%
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)-0.01
RSI(14)51.72
LBB31.61
UBB34.83
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 |
|---|---|---|---|
| 33.66 | 31.89 | 1.77 (5.26%) | 19.02% |
| An entry @33.66. This is a Buy Stop order right above the resistance zone. | An exit @31.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.77 points, which is 5.26%. | When investing 19.02% 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.
SOLVAY SA
EBR:SOLB (7/26/2024, 7:00:00 PM)
33.26
-0.16 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.48%
1 Week-1.94%
2 Weeks2.33%
1 Month1.46%
3 Month10.5%
6 Month26.28%
12 Month17.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.96
ATR(20)%2.75%
ATR Inc
Range Today0.79
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 High34.93
10 Day Low31.9
20 Day High34.93
20 Day Low31.75
52 Week High36.62
52 Week Low17.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume150.06K
Volume Incr-47.96%
Vol(5)115.17K
Vol(50)271.10K