We assign a technical rating of 1 out of 10 to SOLZ. SOLZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SOLZ is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month SOLZ has a been trading in the 12.51 - 15.23 range, which is quite wide. It is currently trading near the lows of this range.
- SOLZ has an average volume of 1545920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SOLZ is bad and it also does not present a 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
12.86
We can see 3 important resistance areas.
- A resistance zone ranging from 13.66 to 13.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.09 from a trend line in the daily time frame.
- A resistance zone ranging from 14.56 to 14.87. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SOLZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOLZ is down. |
| 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) | UP | MIXED | The current price of SOLZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOLZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOLZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.06 | NEUTRAL | The RSI value for SOLZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SOLZ has a negative trend. |
| Stochastics (14,3) | 9.54 | OVERSOLD | The low Stochastics value suggests SOLZ may be oversold. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for SOLZ suggests some volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for SOLZ suggests a weak or negative trend. |
12.9876
+0.37 (+2.91%)
SOLANA ETF / SOLZ FAQ
Can you provide the ChartMill technical rating for SOLANA ETF?
ChartMill assigns a technical rating of 1 / 10 to SOLZ.
What is the current trend direction of SOLANA ETF (SOLZ) stock?
The current trend direction for SOLANA ETF (SOLZ) is Bearish.
What is the RSI signal for SOLZ stock?
SOLANA ETF (SOLZ) has an RSI value of 44.0614. This indicates that the stock is currently neutral.
What is the buy/sell signal for SOLANA ETF (SOLZ) stock?
The buy/sell signal for SOLANA ETF (SOLZ) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SOLZ stock?
SOLANA ETF (SOLZ) has a resistance level at 13.66. Check the full technical report for our detailed analysis of SOLZ support and resistance levels.