SILVER SPIKE INVESTMENT CORP (SSIC) Stock Technical Analysis
NASDAQ:SSIC - Nasdaq - US8281741020 - Common Stock - Currency: USD
Taking everything into account, SSIC scores 0 out of 10 in our technical rating. 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.
SSIC is one of the lesser performing stocks in the Capital Markets industry. 60% of 232 stocks in the same industry do 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 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.
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
2 important support areas can be observed.
- 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.
We can see 2 important resistance areas.
- 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