SILVER SPIKE INVESTMENT CORP (SSIC) Stock Technical Analysis
NASDAQ:SSIC - US8281741020 - Common Stock
10.735 USD
+0.09 (+0.89%)
Taking everything into account, SSIC scores 0 out of 10 in our technical rating. SSIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
68% of all other stocks performed better in the past year than SSIC.
SSIC is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 62% are performing better than SSIC.
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 currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSIC is lagging the market.
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
7.83
12.18
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.
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. |
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)
NASDAQ:SSIC (10/1/2024, 8:00:00 PM)
10.735
+0.09 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.89%
1 Week-1.1%
2 Weeks-9.94%
1 Month-6.33%
3 Month-7.06%
6 Month9.54%
12 Month12.35%
2 Year2.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.91%
ATR Inc-4.39%
Range Today0.26
ADR(20)0.19
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.74
Mansfield-0.72
10 Day High11.99
10 Day Low10.54
20 Day High11.99
20 Day Low10.54
52 Week High12.45
52 Week Low7.29
CS1 End10.72
CR1 Start11.48
Volume & EV
DER(3)-14.57%
DER(5)-8.55%
Volume4.90K
Volume Incr-10.81%
Vol(5)5.20K
Vol(50)4.58K