EBR:SOLB - Euronext Brussels - BE0003470755 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to SOLB. SOLB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SOLB 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 28.72, a Stop Loss order could be placed below this zone.
28.33
We found 1 important support area.
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for SOLB.BR is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOLB.BR is down. |
ChartMill Relative Strength | 15.72 | NEGATIVE | SOLB.BR has a low relative strength, it was outperformed by 84.28% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOLB.BR is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOLB.BR is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOLB.BR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 38.16 | NEUTRAL | The RSI value for SOLB.BR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SOLB.BR has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 33.51 | NEUTRAL | The Stochastics value for SOLB.BR is a neutral value. |
Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for SOLB.BR suggests some volalility. |
Average Directional Index/ADX (14) | 26.17 | POSITIVE | The high ADX value value for SOLB.BR suggests a strong trend. |
EBR:SOLB (5/30/2025, 10:05:11 AM)
29.48
+0.42 (+1.45%)