SASOL LTD-SPONSORED ADR (SSL)

US8038663006 - ADR

7.78  +0.11 (+1.43%)

After market: 7.96 +0.18 (+2.31%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to SSL. In the past year, SSL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

84% of all other stocks performed better in the past year than SSL.
SSL is one of the lesser performing stocks in the Chemicals industry. 74% of 83 stocks in the same industry do better.
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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SSL has a been trading in the 7.18 - 8.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SSL Weekly chart
SSL Daily chart
Setup Rating and Analysis

8

SSL has only a medium 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 8.03. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SSL 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.
Support and Resistance Analysis

7.21

9.03

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 7.51 to 7.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.28 to 7.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 8.03 to 8.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @8.70 from a horizontal line in the weekly time frame.
  • Resistance @8.94 from a trend 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
CRS16.89
Mansfield-3.01
10 Day High8.15
10 Day Low7.18
20 Day High8.15
20 Day Low7.18
52 Week High14.26
52 Week Low6.22
Performance
1 Week6.43%
2 Weeks1.97%
1 Month5.56%
3 Month12.27%
6 Month-10.47%
12 Month-44.35%
2 Year-63.02%
3 Year-47.92%
5 Year-64.11%
10 Year-86.55%
15 Year-78.22%
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
RSI(14)55.03
LBB7.12
UBB8.13
SSL Daily chart

SASOL LTD-SPONSORED ADR

NYSE:SSL (7/26/2024, 7:04:01 PM)

After market: 7.96 +0.18 (+2.31%)

7.78

+0.11 (+1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.43%
1 Week6.43%
2 Weeks1.97%
1 Month5.56%
3 Month12.27%
6 Month-10.47%
12 Month-44.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%3.61%
ATR Inc
Range Today0.17
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 High8.15
10 Day Low7.18
20 Day High8.15
20 Day Low7.18
52 Week High14.26
52 Week Low6.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume493.90K
Volume Incr44.78%
Vol(5)759.63K
Vol(50)642.59K