SS INNOVATIONS INTERNATIONAL (SSII) Technical Analysis
NASDAQ:SSII • US05453U2033
Current stock price
SSII Technical Rating and Analysis
Overall SSII gets a technical rating of 1 out of 10. SSII scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, SSII is a bad performer in the overall market: 100% of all stocks are doing better.
- SSII is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 89% of 189 stocks in the same industry do better.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SSII has a been trading in the 4.20 - 5.26 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.
SSII Weekly and Daily overview Charts
SSII Setup Rating and Analysis
SSII 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 4.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SSII in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SSII Support and Resistance Analysis
3.21
We found 3 important support areas.
- A support zone ranging from 4.41 to 4.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.84 from a trend line in the weekly time frame.
- Support @3.24 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.86 to 4.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.05 to 5.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
SSII 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 | DOWN | NEGATIVE | The long term trend for SSII is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSII is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SSII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SSII is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SSII is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SSII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for SSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SSII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.72 | NEUTRAL | The Stochastics value for SSII is a neutral value. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for SSII suggests high volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for SSII suggests a weak or negative trend. |
SSII Chart- and CandleStick Pattern Analysis
SSII Technicals: Chart, Performance Metrics, Trend & Indicators
4.83
-0.07 (-1.43%)
SS INNOVATIONS INTERNATIONAL / SSII TA FAQ
What is the technical rating for SSII stock?
ChartMill assigns a technical rating of 1 / 10 to SSII.
What is the trend direction for SSII stock?
The current trend direction for SS INNOVATIONS INTERNATIONAL (SSII) is Bearish.
Can you provide the RSI signal for SS INNOVATIONS INTERNATIONAL?
SS INNOVATIONS INTERNATIONAL (SSII) has an RSI value of 51.339. This indicates that the stock is currently neutral.
What is the short term momentum for SS INNOVATIONS INTERNATIONAL (SSII) stock?
The short term momentum for SS INNOVATIONS INTERNATIONAL (SSII) is positive.
Can you provide the support and resistance levels for SS INNOVATIONS INTERNATIONAL?
SS INNOVATIONS INTERNATIONAL (SSII) has a support level at 4.43 and a resistance level at 4.86. Check the full technical report for our detailed analysis of SSII support and resistance levels.