SOLVAY SA (SOLB.BR)
BE0003470755 - Common Stock
We assign a technical rating of 9 out of 10 to SOLB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SOLB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
SOLB is one of the better performing stocks in the Chemicals industry, it outperforms 85% of 65 stocks in the same industry.
SOLB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SOLB is leading the market.
In the last month SOLB has a been trading in the 24.30 - 31.75 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that SOLB is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although SOLB has an excellent technical rating, it does not offer a high quality setup 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
22.27
31.89
We found 4 important support areas.
- A support zone ranging from 27.13 to 27.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.52 from a horizontal line in the daily time frame.
- Support @24.19 from a trend line in the daily time frame.
- Support @22.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.19 to 31.57. 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
CRS80.44
Mansfield0.62
10 Day High31.75
10 Day Low28.34
20 Day High31.75
20 Day Low24.3
52 Week High31.75
52 Week Low17.88
Performance
1 Week4.7%
2 Weeks8.94%
1 Month24.5%
3 Month18.14%
6 Month24.3%
12 Month10.24%
2 Year32.51%
3 Year13.42%
5 Year11.99%
10 Year2.83%
15 Year83.96%
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)0.21
RSI(14)74
LBB27.09
UBB32.07
SOLVAY SA
EBR:SOLB (4/25/2024, 5:29:41 PM)
29.98
-1.22 (-3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.91%
1 Week4.7%
2 Weeks8.94%
1 Month24.5%
3 Month18.14%
6 Month24.3%
12 Month10.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.07
ATR(20)%3.43%
ATR Inc
Range Today1.69
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 High31.75
10 Day Low28.34
20 Day High31.75
20 Day Low24.3
52 Week High31.75
52 Week Low17.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume276.36K
Volume Incr1.19%
Vol(5)445.15K
Vol(50)463.68K