SS&C TECHNOLOGIES HOLDINGS (SSNC) Stock Technical Analysis
NASDAQ:SSNC - Nasdaq - US78467J1007 - Common Stock - Currency: USD
Taking everything into account, SSNC scores 6 out of 10 in our technical rating. In the last year, SSNC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month SSNC has a been trading in the 72.45 - 80.88 range, which is quite wide. It is currently trading near the high of this range.
SSNC has an average volume of 1572080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SSNC is one of the better performing stocks in the market, outperforming 81% of all stocks. However, we also see that SSNC couldn't keep up this performance in the last couple of months.
SSNC is part of the IT Services industry. There are 82 other stocks in this industry, SSNC did better than 66% of them.
SSNC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SSNC is lagging the market slightly.
Although the technical rating is only medium, SSNC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 79.56, a Stop Loss order could be placed below this zone.
More info and screens
69.23
90.02
We found 4 important support areas.
- A support zone ranging from 78.05 to 79.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.68 from a horizontal line in the daily time frame.
- A support zone ranging from 71.96 to 75.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @79.97 from a trend line in the daily time frame.
- A resistance zone ranging from 89.05 to 89.13. 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 | NEUTRAL | NEUTRAL | The short term trend for SSNC is neutral. |
| ChartMill Relative Strength | 81.58 | POSITIVE | SSNC has a high relative strength, it outperformed 81.58% 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) | DOWN | MIXED | The current price of SSNC is above a declining 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) | 55.25 | NEUTRAL | The RSI value for SSNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests SSNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.93 | NEUTRAL | The Stochastics value for SSNC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SSNC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for SSNC suggests a weak or negative 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 |
|---|---|---|---|
| 79.98 | 78.04 | 1.94 (2.43%) | 25.00% |
| An entry @79.98. This is a Buy Stop order right above the resistance zone. | An exit @78.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.94 points, which is 2.43%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SSNC. 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.
79.79
+0.89 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.13%
1 Week0.24%
2 Weeks2.81%
1 Month9.77%
3 Month-9.94%
6 Month4.82%
12 Month29.07%
2 Year45.18%
3 Year24.69%
5 Year37.82%
10 Year170.8%
15 Year877.82%
Volatility
ATR(14)1.66
ATR(20)%2.24%
ATR Inc3.43%
Range Today2.04
ADR(20)1.69
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.58
Mansfield0.47
10 Day High80.88
10 Day Low77.96
20 Day High80.88
20 Day Low72.45
52 Week High89.73
52 Week Low60.01
CS1 End79.56
CR1 Start79.97
Volume & EV
DER(3)-1.78%
DER(5)-0.49%
Volume1.14M
Volume Incr-30.52%
Vol(5)1.23M
Vol(50)1.57M