SOUNDTHINKING INC (SSTI) Stock Technical Analysis
NASDAQ:SSTI - Nasdaq - US82536T1079 - Common Stock - Currency: USD
Taking everything into account, SSTI scores 0 out of 10 in our technical rating. SSTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SSTI is a bad performer in the overall market: 92% of all stocks are doing better.
SSTI is one of the lesser performing stocks in the Software industry. 76% of 282 stocks in the same industry do better.
SSTI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SSTI has a been trading in the 10.81 - 14.21 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of SSTI is bad and it also does not present a quality setup 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
10.90
17.37
2 important support areas can be observed.
- Support @11.19 from a horizontal line in the daily time frame.
- Support @11.01 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.41 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.92 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.54 from a trend line in the weekly time frame.
- Resistance @17.20 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SSTI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSTI is down. |
| ChartMill Relative Strength | 8.99 | NEGATIVE | SSTI has a low relative strength, it was outperformed by 91.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SSTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.81 | NEUTRAL | The RSI value for SSTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SSTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.78 | OVERSOLD | The low Stochastics value suggests SSTI may be oversold. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for SSTI suggests some volalility. |
| Average Directional Index/ADX (14) | 45.15 | POSITIVE | The high ADX value value for SSTI 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)
11.4
+0.06 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.53%
1 Week-2.56%
2 Weeks-10.87%
1 Month-19.55%
3 Month-27.3%
6 Month-14.93%
12 Month-20.06%
2 Year-46.88%
3 Year-65.06%
5 Year-61.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.77%
ATR Inc-18.48%
Range Today0.41
ADR(20)0.53
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.99
Mansfield-2.39
10 Day High12.82
10 Day Low10.81
20 Day High14.21
20 Day Low10.81
52 Week High19.43
52 Week Low9.33
CS1 End11.19
CR1 Start11.41
Volume & EV
DER(3)2.15%
DER(5)3.47%
Volume22.70K
Volume Incr-16%
Vol(5)43.32K
Vol(50)53.02K