SILVER SPIKE INVESTMENT CORP (SSIC) Technical Analysis
NASDAQ:SSIC • US8281741020
Current stock price
SSIC Technical Rating and Analysis
Overall SSIC gets a technical rating of 0 out of 10. SSIC'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.
- When comparing the yearly performance of all stocks, SSIC is a bad performer in the overall market: 68% of all stocks are doing better.
- In the last month SSIC has a been trading in the 10.54 - 11.99 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: SSIC has an average volume of 4584 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SSIC is an average performer in the Capital Markets industry, it outperforms 61% of 239 stocks in the same industry.
- SSIC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SSIC is lagging the market slightly.
SSIC Weekly and Daily overview Charts
SSIC Setup Rating and Analysis
The technical rating of SSIC 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
SSIC Support and Resistance Analysis
7.83
We found 2 important support areas.
- A support zone ranging from 10.63 to 10.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.91 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.48 to 11.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.93 to 12.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
SSIC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SSIC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSIC is down. |
| ChartMill Relative Strength | 32.74 | NEUTRAL | SSIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.73 | NEUTRAL | The RSI value for SSIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SSIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.66 | OVERSOLD | The low Stochastics value suggests SSIC may be oversold. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for SSIC suggests low volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for SSIC suggests a strong trend. |
SSIC Chart- and CandleStick Pattern Analysis
SSIC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SSIC (10/1/2024, 8:00:00 PM)
10.735
+0.09 (+0.89%)
SILVER SPIKE INVESTMENT CORP / SSIC TA FAQ
Can you provide the ChartMill technical rating for SILVER SPIKE INVESTMENT CORP?
ChartMill assigns a technical rating of 0 / 10 to SSIC.
Can you provide the trend direction for SILVER SPIKE INVESTMENT CORP?
The current trend direction for SILVER SPIKE INVESTMENT CORP (SSIC) is Bearish.
Can you provide the RSI signal for SILVER SPIKE INVESTMENT CORP?
SILVER SPIKE INVESTMENT CORP (SSIC) has an RSI value of 31.7289. This indicates that the stock is currently neutral.
What is the short term momentum for SILVER SPIKE INVESTMENT CORP (SSIC) stock?
The short term momentum for SILVER SPIKE INVESTMENT CORP (SSIC) is negative.