SS INNOVATIONS INTERNATIONAL (SSII) Stock Technical Analysis
NASDAQ:SSII • US05453U2033
Taking everything into account, SSII scores 0 out of 10 in our technical rating. SSII'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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. 90% of 185 stocks in the same industry do better.
- In the last month SSII has a been trading in the 3.11 - 5.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SSII does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.21
We found 1 important support area.
- 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 5.24 to 5.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SSII is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSII is neutral. |
| 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 | NEGATIVE | The current price of SSII is below 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) | 53.37 | NEUTRAL | The RSI value for SSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SSII has a positive trend. |
| Stochastics (14,3) | 75.84 | NEUTRAL | The Stochastics value for SSII is a neutral value. |
| Average True Range in percent/ATR (20) | 13.6 | HIGH VOLATILITY | The high ATR as a percentage value for SSII suggests high volalility. |
| Average Directional Index/ADX (14) | 31.51 | POSITIVE | The high ADX value value for SSII suggests a strong trend. |
4.83
+0.43 (+9.77%)
SS INNOVATIONS INTERNATIONAL / SSII FAQ
What is the technical rating for SSII stock?
ChartMill assigns a technical rating of 0 / 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 53.3722. 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 neutral.
Can you provide the support and resistance levels for SS INNOVATIONS INTERNATIONAL?
SS INNOVATIONS INTERNATIONAL (SSII) has a support level at 3.24 and a resistance level at 5.24. Check the full technical report for our detailed analysis of SSII support and resistance levels.