SILVERSUN TECHNOLOGIES INC (SSNT) Stock Technical Analysis
NASDAQ:SSNT - Nasdaq - US82846H2076 - Common Stock - Currency: USD
Taking everything into account, SSNT 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, SSNT is showing a nice and steady performance.
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.
Looking at the yearly performance, SSNT did better than 99% of all other stocks. On top of that, SSNT also shows a nice and consistent pattern of rising prices.
SSNT is one of the better performing stocks in the Software industry, it outperforms 98% of 283 stocks in the same industry.
SSNT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SSNT has a been trading in the 13.50 - 20.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SSNT has an excellent technical rating, but the quality of the setup is only medium 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
14.23
18.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.32 to 15.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.75 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.37 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @18.59 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.48
Mansfield6.62
10 Day High20.14
10 Day Low14.51
20 Day High20.14
20 Day Low13.5
52 Week High24.54
52 Week Low2.99
Performance
1 Week-16.14%
2 Weeks0.8%
1 Month15.51%
3 Month20.28%
6 Month84.09%
12 Month424.44%
2 Year501.84%
3 Year34.02%
5 Year452.88%
10 YearN/A
15 YearN/A
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)0.12
RSI(14)49.64
LBB13.9
UBB20.55
16.31
-3.3 (-16.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-16.83%
1 Week-16.14%
2 Weeks0.8%
1 Month15.51%
3 Month20.28%
6 Month84.09%
12 Month424.44%
2 Year501.84%
3 Year34.02%
5 Year452.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.81
ATR(20)%9.55%
ATR Inc117.16%
Range Today3.48
ADR(20)1.45
ADR(20)%8.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.48
Mansfield6.62
10 Day High20.14
10 Day Low14.51
20 Day High20.14
20 Day Low13.5
52 Week High24.54
52 Week Low2.99
CS1 End15.42
CR1 Start18.59
Volume & EV
DER(3)4.2%
DER(5)-0.05%
Volume324.00K
Volume Incr353.58%
Vol(5)182.34K
Vol(50)58.03K