SS&C TECHNOLOGIES HOLDINGS (SSNC) Stock Technical Analysis
NASDAQ:SSNC - US78467J1007 - Common Stock
88.8 USD
+0.07 (+0.08%)
88.8 USD
0 (0%)
Taking everything into account, SSNC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SSNC 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 SSNC is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, SSNC also shows a nice and consistent pattern of rising prices.
SSNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SSNC has a been trading in the 85.20 - 91.07 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.
SSNC has an average volume of 1168580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SSNC is an average performer in the IT Services industry, it outperforms 66% of 85 stocks in the same industry.
SSNC 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 88.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
72.91
91.10
When analyzing the support we can see 4 important areas.
- A support zone ranging from 88.01 to 88.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @81.85 from a horizontal line in the daily time frame.
- A support zone ranging from 78.53 to 79.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 73.65 to 74.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 89.13 to 90.20. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SSNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSNC is up. |
| ChartMill Relative Strength | 74.74 | POSITIVE | SSNC has a high relative strength, it outperformed 74.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.65 | NEUTRAL | The RSI value for SSNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SSNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.34 | NEUTRAL | The Stochastics value for SSNC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for SSNC suggests low volalility. |
| Average Directional Index/ADX (14) | 31.51 | POSITIVE | The high ADX value value for SSNC suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 90.21 | 88.00 | 2.21 (2.45%) | 25.00% |
| An entry @90.21. This is a Buy Stop order right above the resistance zone. | An exit @88.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.21 points, which is 2.45%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
88.8
+0.07 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.08%
1 Week0.49%
2 Weeks0.11%
1 Month2.81%
3 Month10.12%
6 Month3.42%
12 Month23.16%
2 Year69.01%
3 Year85.97%
5 Year46.73%
10 Year153.57%
15 Year1024.05%
Volatility
ATR(14)1.45
ATR(20)%1.62%
ATR Inc12.36%
Range Today1.44
ADR(20)1.41
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.74
Mansfield0.18
10 Day High91.07
10 Day Low85.99
20 Day High91.07
20 Day Low85.2
52 Week High91.07
52 Week Low66.83
CS1 End88.79
CR1 Start89.13
Volume & EV
DER(3)-1.22%
DER(5)-0.21%
Volume840.60K
Volume Incr-19.65%
Vol(5)944.36K
Vol(50)1.17M