SASOL LTD-SPONSORED ADR (SSL) Technical Analysis
NYSE:SSL • US8038663006
Current stock price
12.61 USD
+0.45 (+3.7%)
At close:
12.45 USD
-0.16 (-1.27%)
Pre-Market:
SSL Technical Rating and Analysis
Overall SSL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SSL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SSL is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, SSL also shows a nice and consistent pattern of rising prices.
- SSL is part of the Chemicals industry. There are 82 other stocks in this industry. SSL outperforms 98% of them.
- SSL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SSL is lagging the market slightly.
- In the last month SSL has a been trading in the 11.76 - 13.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- SSL has an average volume of 3048400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SSL Weekly and Daily overview Charts
SSL Setup Rating and Analysis
SSL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.15, a Stop Loss order could be placed below this zone.
More info and screens
SSL Support and Resistance Analysis
4.46
12.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.07 to 12.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.27 to 7.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.13 from a horizontal line in the daily time frame.
- Support @4.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.69 to 12.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SSL 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 | UP | POSITIVE | The long term trend for SSL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSL is up. |
| ChartMill Relative Strength | 98.06 | POSITIVE | SSL has a high relative strength, it outperformed 98.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.37 | NEUTRAL | The RSI value for SSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SSL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.43 | NEUTRAL | The Stochastics value for SSL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for SSL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.62 | POSITIVE | The high ADX value value for SSL suggests a strong trend. |
SSL Chart- and CandleStick Pattern Analysis
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)
SSL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.77 | 12.06 | 0.71 (5.56%) | 17.99% |
| An entry @12.77. This is a Buy Stop order right above the resistance zone. | An exit @12.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 5.56%. | When investing 17.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SSL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SSL Technicals: Chart, Performance Metrics, Trend & Indicators
12.61
+0.45 (+3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg3.7%
1 Week-2.85%
2 Weeks1.04%
1 Month2.94%
3 Month68.81%
6 Month92.23%
12 Month254.21%
2 Year79.37%
3 Year-3.15%
5 Year-24.54%
10 Year-61.54%
15 Year-78.19%
Volatility
ATR(14)0.76
ATR(20)%5.43%
ATR Inc28.05%
Range Today0.27
ADR(20)0.47
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.06
3 months CRS98.35
6 months CRS97.74
Mansfield6.91
10 Day High13.68
10 Day Low11.76
20 Day High13.68
20 Day Low11.76
52 Week High13.68
52 Week Low3.41
CS1 End12.15
CR1 Start12.69
Volume & EV
DER(3)0.31%
DER(5)-1.73%
Volume1.76M
Volume Incr-21.57%
Vol(5)2.53M
Vol(50)3.05M
SASOL LTD-SPONSORED ADR / SSL TA FAQ
What is the ChartMill technical rating of SASOL LTD-SPONSORED ADR (SSL) stock?
ChartMill assigns a technical rating of 10 / 10 to SSL.
What is the current trend direction of SASOL LTD-SPONSORED ADR (SSL) stock?
The current trend direction for SASOL LTD-SPONSORED ADR (SSL) is Bullish.
Can you provide the RSI signal for SASOL LTD-SPONSORED ADR?
SASOL LTD-SPONSORED ADR (SSL) has an RSI value of 55.3681. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SASOL LTD-SPONSORED ADR?
The MACD indicator for SASOL LTD-SPONSORED ADR (SSL) has a value of -0.176297, indicating a bearish trend.
Can you provide the short term momentum for SASOL LTD-SPONSORED ADR?
The short term momentum for SASOL LTD-SPONSORED ADR (SSL) is positive.