STEEL PARTNERS HOLDINGS LP (SPLP)

US85814R1077

37.4409  -1.14 (-2.95%)

Technical Rating and Analysis

0

Taking everything into account, SPLP scores 0 out of 10 in our technical rating. SPLP'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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SPLP is a bad performer in the overall market: 75% of all stocks are doing better.
SPLP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPLP is lagging the market.
In the last month SPLP has a been trading in the 35.51 - 40.35 range, which is quite wide. It is currently trading near the lows of this range.
Warning: SPLP has an average volume of 9600 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SPLP is an average performer in the Industrial Conglomerates industry, it outperforms 44% of 10 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SPLP Weekly chart
SPLP Daily chart
Setup Rating and Analysis

7

SPLP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.86. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SPLP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

35.63

43.94

2 important support areas can be observed.

  • Support @36.79 from a horizontal line in the daily time frame.
  • A support zone ranging from 35.99 to 36.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 37.86 to 38.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 39.75 to 40.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @43.50 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.69
Mansfield-2
10 Day High38.88
10 Day Low35.51
20 Day High40.35
20 Day Low35.51
52 Week High48
52 Week Low33.12
Performance
1 Week-3.04%
2 Weeks-1.46%
1 Month-2.75%
3 Month-3.1%
6 Month-10.85%
12 Month-14.69%
2 Year-10.32%
3 Year91.51%
5 Year169.94%
10 Year130.69%
15 YearN/A
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)-0.12
RSI(14)44.31
LBB37.29
UBB39.55
SPLP Daily chart

STEEL PARTNERS HOLDINGS LP

NYSE:SPLP (4/16/2024, 7:04:01 PM)

37.4409

-1.14 (-2.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-2.95%
1 Week-3.04%
2 Weeks-1.46%
1 Month-2.75%
3 Month-3.1%
6 Month-10.85%
12 Month-14.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.23
ATR(20)%2.98%
ATR Inc
Range Today1.93
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 High38.88
10 Day Low35.51
20 Day High40.35
20 Day Low35.51
52 Week High48
52 Week Low33.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume300
Volume Incr-95.95%
Vol(5)820
Vol(50)9.60K