USA - NYSE:SPLP - US85814R1077
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.
SPLP has a bad technical rating, but it does show a decent setup pattern. 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.
35.15
5 important resistance areas can be observed.
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. |
35.5
+0.95 (+2.76%)
ChartMill assigns a technical rating of 0 / 10 to SPLP.
The current trend direction for STEEL PARTNERS HOLDINGS LP (SPLP) is Bearish.
STEEL PARTNERS HOLDINGS LP (SPLP) has an RSI value of 45.3225. This indicates that the stock is currently neutral.
The MACD indicator for STEEL PARTNERS HOLDINGS LP (SPLP) has a value of 0.213137, indicating a bearish trend.
The buy/sell signal for STEEL PARTNERS HOLDINGS LP (SPLP) is sell as both the short term and long term trends are negative.