SS INNOVATIONS INTERNATIONAL (SSII) Technical Analysis
NASDAQ:SSII • US05453U2033
Current stock price
SSII Technical Rating and Analysis
Overall SSII gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SSII was also a bad performer in the overall market in the last year.
- 100% of all other stocks performed better in the past year than SSII.
- SSII is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 184 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- 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.
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. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.02. Right above this resistance zone may be a good entry point.
More info and screens
SSII Support and Resistance Analysis
3.21
4 important support areas can be observed.
- A support zone ranging from 4.72 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 @3.83 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 one important area.
- A resistance zone ranging from 5.02 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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) | UP | POSITIVE | The current price of SSII is above the rising 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) | 54.23 | NEUTRAL | The RSI value for SSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SSII has a positive trend. |
| Stochastics (14,3) | 71.44 | NEUTRAL | The Stochastics value for SSII is a neutral value. |
| Average True Range in percent/ATR (20) | 9.14 | HIGH VOLATILITY | The high ATR as a percentage value for SSII suggests high volalility. |
| Average Directional Index/ADX (14) | 13.31 | 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
5.01
-0.08 (-1.57%)
SS INNOVATIONS INTERNATIONAL / SSII TA FAQ
What is the technical rating for SSII stock?
ChartMill assigns a technical rating of 2 / 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 54.2322. 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 4.77 and a resistance level at 5.02. Check the full technical report for our detailed analysis of SSII support and resistance levels.