Taking everything into account, SSII scores 1 out of 10 in our technical rating. 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.
Although the technical rating is bad, SSII does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
5.24
When analyzing the support we can see 3 important areas.
- Support @5.92 from a trend line in the daily time frame.
- Support @5.55 from a horizontal line in the weekly time frame.
- Support @5.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.38 to 6.44. 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 6.74 to 6.78. 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 | NEUTRAL | NEUTRAL | The long term trend for SSII is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSII is down. |
| 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 | NEGATIVE | The current price of SSII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SSII is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 40.96 | NEUTRAL | The RSI value for SSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SSII has a positive trend. |
| Stochastics (14,3) | 31.6 | NEUTRAL | The Stochastics value for SSII is a neutral value. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for SSII suggests high volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for SSII suggests a possible start of a new trend. |
6.14
+0.02 (+0.33%)
SS INNOVATIONS INTERNATIONAL / SSII FAQ
What is the ChartMill technical rating of SS INNOVATIONS INTERNATIONAL (SSII) stock?
ChartMill assigns a technical rating of 1 / 10 to SSII.
What is the current trend direction of SS INNOVATIONS INTERNATIONAL (SSII) stock?
The current trend direction for SS INNOVATIONS INTERNATIONAL (SSII) is Bearish.
What is the RSI signal for SSII stock?
SS INNOVATIONS INTERNATIONAL (SSII) has an RSI value of 40.9633. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SS INNOVATIONS INTERNATIONAL?
The MACD indicator for SS INNOVATIONS INTERNATIONAL (SSII) has a value of 0.0148256, indicating a bearish trend.
What is the short term momentum for SSII stock?
The short term momentum for SS INNOVATIONS INTERNATIONAL (SSII) is negative.