SASOL LTD-SPONSORED ADR (SSL)

US8038663006 - ADR

7.93  -0.27 (-3.29%)

Premarket: 7.01 -0.92 (-11.6%)

Technical Rating and Analysis

2

Overall SSL gets a technical rating of 2 out of 10. SSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than SSL.
SSL is part of the Chemicals industry. There are 85 other stocks in this industry, of which 84% are performing better than SSL.
SSL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SSL is lagging the market.
In the last month SSL has a been trading in the 7.45 - 9.33 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
SSL Weekly chart
SSL Daily chart
Setup Rating and Analysis

5

SSL has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

7.85

14.45

We can see 4 important resistance areas.

  • A resistance zone ranging from 8.22 to 8.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.70 to 8.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.04 from a trend line in the weekly time frame.
  • Resistance @14.31 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.74
Mansfield-3.53
10 Day High9.33
10 Day Low7.86
20 Day High9.33
20 Day Low7.45
52 Week High14.49
52 Week Low7.1
Performance
1 Week-7.9%
2 Weeks-9.27%
1 Month3.52%
3 Month-8.75%
6 Month-39.51%
12 Month-39.09%
2 Year-67.31%
3 Year-52.54%
5 Year-75.97%
10 Year-85.69%
15 Year-73.66%
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)45.05
LBB7.75
UBB9.12
SSL Daily chart

SASOL LTD-SPONSORED ADR

NYSE:SSL (4/22/2024, 7:04:01 PM)

Premarket: 7.01 -0.92 (-11.6%)

7.93

-0.27 (-3.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.29%
1 Week-7.9%
2 Weeks-9.27%
1 Month3.52%
3 Month-8.75%
6 Month-39.51%
12 Month-39.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%3.97%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.33
10 Day Low7.86
20 Day High9.33
20 Day Low7.45
52 Week High14.49
52 Week Low7.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume367.10K
Volume Incr-27.77%
Vol(5)524.08K
Vol(50)699.45K