SASOL LTD-SPONSORED ADR (SSL) Technical Analysis
NYSE:SSL • US8038663006
Current stock price
SSL Technical Rating and Analysis
Taking everything into account, SSL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SSL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SSL did better than 98% of all other stocks. On top of that, SSL also shows a nice and consistent pattern of rising prices.
- SSL is one of the better performing stocks in the Chemicals industry, it outperforms 98% of 83 stocks in the same industry.
- SSL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SSL is performing more or less in line with the market.
- In the last month SSL has a been trading in the 8.41 - 13.39 range, which is quite wide. It is currently trading near the high of this range.
- SSL has an average volume of 2820940 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
Although SSL has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
SSL Support and Resistance Analysis
4.46
We found 4 important support areas.
- Support @10.22 from a trend line in the daily time frame.
- A support zone ranging from 7.07 to 7.10. 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.
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 | 98.28 | POSITIVE | SSL has a high relative strength, it outperformed 98.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSL is above 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) | 62.04 | NEUTRAL | The RSI value for SSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SSL has a negative trend. |
| Stochastics (14,3) | 74.77 | NEUTRAL | The Stochastics value for SSL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SSL suggests some volalility. |
| Average Directional Index/ADX (14) | 48.37 | POSITIVE | The high ADX value value for SSL suggests a strong trend. |
SSL Chart- and CandleStick Pattern Analysis
SSL Technicals: Chart, Performance Metrics, Trend & Indicators
12.08
-0.88 (-6.79%)
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 62.0447. 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 -0.0505916, 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.