SS&C TECHNOLOGIES HOLDINGS (SSNC) Stock Technical Analysis
NASDAQ:SSNC - Nasdaq - US78467J1007 - Common Stock - Currency: USD
Overall SSNC gets a technical rating of 6 out of 10. SSNC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SSNC is one of the better performing stocks in the market, outperforming 78% of all stocks.
SSNC has an average volume of 1412240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SSNC is part of the IT Services industry. There are 82 other stocks in this industry, SSNC did better than 69% 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.
In the last month SSNC has a been trading in a tight range between 77.96 and 82.20.
SSNC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 79.34, a Stop Loss order could be placed below this zone.
More info and screens
71.24
90.02
We found 4 important support areas.
- A support zone ranging from 78.38 to 79.34. 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.
- Support @75.15 from a trend line in the weekly time frame.
- A support zone ranging from 71.96 to 73.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 79.92 to 81.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @83.83 from a horizontal 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 | 78.73 | POSITIVE | SSNC has a high relative strength, it outperformed 78.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSNC is below 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) | 47.89 | NEUTRAL | The RSI value for SSNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests SSNC has a negative trend. |
| Stochastics (14,3) | 28.73 | NEUTRAL | The Stochastics value for SSNC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for SSNC suggests low volalility. |
| Average Directional Index/ADX (14) | 11.4 | 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 |
|---|---|---|---|
| 81.16 | 78.91 | 2.25 (2.77%) | 25.00% |
| An entry @81.16. This is a Buy Stop order right above the resistance zone. | An exit @78.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.25 points, which is 2.77%. | For a 0.69% 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.
79.43
-0.05 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.06%
1 Week-2.66%
2 Weeks-0.98%
1 Month1.15%
3 Month-3.55%
6 Month4.76%
12 Month27.6%
2 Year31.07%
3 Year36.78%
5 Year40.63%
10 Year154.18%
15 Year891.02%
Volatility
ATR(14)1.35
ATR(20)%1.68%
ATR Inc-15.61%
Range Today1.01
ADR(20)1.29
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.73
Mansfield0.05
10 Day High82.2
10 Day Low78.92
20 Day High82.2
20 Day Low77.96
52 Week High89.73
52 Week Low61.13
CS1 End79.34
CR1 Start79.92
Volume & EV
DER(3)-0.33%
DER(5)0.55%
Volume1.65M
Volume Incr-7.56%
Vol(5)1.01M
Vol(50)1.41M