STEEL PARTNERS HOLDINGS LP (SPLP) Stock Technical Analysis
NYSE:SPLP - US85814R1077
35.5 USD
+0.95 (+2.76%)
35 USD
-0.5 (-1.41%)
Overall SPLP gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
69% of all other stocks performed better in the past year than SPLP.
SPLP is part of the Industrial Conglomerates industry. There are 6 other stocks in this industry, of which 80% are performing better than SPLP.
Warning: SPLP has an average volume of 4948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SPLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPLP is lagging the market.
In the last month SPLP has a been trading in the 27.95 - 41.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SPLP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.89. Right above this resistance zone may be a good entry point.
More info and screens
35.15
44.42
5 important resistance areas can be observed.
- A resistance zone ranging from 35.89 to 35.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.05 from a trend line in the weekly time frame.
- Resistance @41.74 from a trend line in the daily time frame.
- Resistance @42.95 from a horizontal line in the daily time frame.
- Resistance @43.98 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SPLP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPLP is down. |
| ChartMill Relative Strength | 31.25 | NEUTRAL | SPLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPLP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPLP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.32 | NEUTRAL | The RSI value for SPLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests SPLP has a positive trend. |
| Stochastics (14,3) | 68.33 | NEUTRAL | The Stochastics value for SPLP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for SPLP suggests high volalility. |
| Average Directional Index/ADX (14) | 30.35 | POSITIVE | The high ADX value value for SPLP suggests a strong 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)
35.5
+0.95 (+2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg2.76%
1 Week1.43%
2 Weeks6.29%
1 Month-15.36%
3 Month-11.69%
6 Month-11.18%
12 Month-7.79%
2 Year-16.96%
3 Year-15.23%
5 Year641.13%
10 Year95.81%
15 YearN/A
Volatility
ATR(14)1.72
ATR(20)%5.6%
ATR Inc-48.03%
Range Today0.77
ADR(20)1.75
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.25
Mansfield-0.75
10 Day High36
10 Day Low32.86
20 Day High41.87
20 Day Low27.95
52 Week High48.45
52 Week Low27.95
CS1 EndN/A
CR1 Start35.89
Volume & EV
DER(3)-3.18%
DER(5)-6.52%
Volume2.60K
Volume Incr-74.21%
Vol(5)2.66K
Vol(50)4.95K