SOLANA ETF (SOLZ) Stock Technical Analysis
NASDAQ:SOLZ - Nasdaq - US92864M8221 - ETF - Currency: USD
Overall SOLZ gets a technical rating of 3 out of 10. In the last year, SOLZ was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than SOLZ.
In the last month SOLZ has a been trading in the 16.19 - 20.81 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Volume is considerably higher in the last couple of days.
The technical rating of SOLZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.13
20.85
When analyzing the support we notice one important area.
- A support zone ranging from 16.29 to 16.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 16.31 to 16.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.93 from a trend line in the daily time frame.
- A resistance zone ranging from 18.36 to 18.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.64 from a horizontal line in the daily time frame.
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 SOLZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOLZ is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SOLZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOLZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOLZ is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 41.05 | NEUTRAL | The RSI value for SOLZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests SOLZ has a negative trend. |
| Stochastics (14,3) | 24.31 | NEUTRAL | The Stochastics value for SOLZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for SOLZ suggests high volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for SOLZ 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)
16.3
-1.12 (-6.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.43%
1 Week-2.8%
2 Weeks-9.85%
1 Month-15.1%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%5.45%
ATR Inc21.93%
Range Today0.48
ADR(20)0.62
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High18.93
10 Day Low16.19
20 Day High20.81
20 Day Low16.19
52 Week HighN/A
52 Week LowN/A
CS1 End16.29
CR1 Start16.31
Volume & EV
DER(3)-3.83%
DER(5)-2.23%
Volume426.63K
Volume Incr24.02%
Vol(5)245.94K
Vol(50)159.73K