SOLSTICE ADV MATERIALS INC (SOLS) Technical Analysis
NASDAQ:SOLS • US83443Q1031
Overall SOLS gets a technical rating of 6 out of 10. SOLS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, SOLS is a bad performer in the overall market: 100% of all stocks are doing better.
- SOLS is part of the Chemicals industry. There are 83 other stocks in this industry, of which 98% are performing better than SOLS.
- Both the short term and long term trends are positive. This is a very positive sign.
- SOLS has an average volume of 3540220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SOLS has a been trading in the 62.91 - 84.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SOLS does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for SOLS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
58.10
When analyzing the support we notice one important area.
- Support @58.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.05 to 80.92. 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 SOLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOLS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SOLS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SOLS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOLS is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.34 | NEUTRAL | The RSI value for SOLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests SOLS has a negative trend. |
| Stochastics (14,3) | 62.53 | NEUTRAL | The Stochastics value for SOLS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for SOLS suggests high volalility. |
| Average Directional Index/ADX (14) | 49.3 | POSITIVE | The high ADX value value for SOLS suggests a strong trend. |
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 |
|---|---|---|---|
| 80.93 | 72.24 | 8.69 (10.74%) | 9.31% |
| An entry @80.93. This is a Buy Stop order right above the resistance zone. | An exit @72.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.69 points, which is 10.74%. | When investing 9.31% 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.
SOLS Technicals: Chart, Performance Metrics, Trend & Indicators
73.9
-4.98 (-6.31%)
SOLSTICE ADV MATERIALS INC / SOLS FAQ
What is the technical rating for SOLS stock?
ChartMill assigns a technical rating of 6 / 10 to SOLS.
What is the current trend direction of SOLSTICE ADV MATERIALS INC (SOLS) stock?
The current trend direction for SOLSTICE ADV MATERIALS INC (SOLS) is Bullish.
What is the RSI signal for SOLSTICE ADV MATERIALS INC (SOLS) stock?
SOLSTICE ADV MATERIALS INC (SOLS) has an RSI value of 54.3359. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOLSTICE ADV MATERIALS INC?
The MACD indicator for SOLSTICE ADV MATERIALS INC (SOLS) has a value of -0.807933, indicating a bearish trend.
What is the short term momentum for SOLSTICE ADV MATERIALS INC (SOLS) stock?
The short term momentum for SOLSTICE ADV MATERIALS INC (SOLS) is positive.