SOUNDTHINKING INC (SSTI) Stock Technical Analysis
NASDAQ:SSTI - Nasdaq - US82536T1079 - Common Stock - Currency: USD
Overall SSTI gets a technical rating of 0 out of 10. SSTI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SSTI is a bad performer in the overall market: 89% of all stocks are doing better.
SSTI is part of the Software industry. There are 282 other stocks in this industry, of which 76% are performing better than SSTI.
SSTI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SSTI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSTI is lagging the market.
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
12.03
17.37
When analyzing the support we can see 2 important areas.
- Support @12.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.15 to 12.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 12.95 to 13.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.18 to 14.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.21 from a trend line in the weekly time frame.
- Resistance @15.49 from a trend line in the daily time frame.
- Resistance @15.78 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 | 11.66 | NEGATIVE | SSTI has a low relative strength, it was outperformed by 88.34% 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) | UP | MIXED | The current price of SSTI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.31 | NEUTRAL | The RSI value for SSTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SSTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for SSTI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for SSTI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.69 | 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)
12.75
-0.06 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.47%
1 Week0.95%
2 Weeks-8.34%
1 Month-17.95%
3 Month-17.21%
6 Month-7.94%
12 Month-15.45%
2 Year-43.88%
3 Year-62.04%
5 Year-44.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%5.31%
ATR Inc-15.73%
Range Today0.5
ADR(20)0.66
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.66
Mansfield-1.57
10 Day High14.26
10 Day Low12.15
20 Day High15.8
20 Day Low12.15
52 Week High19.43
52 Week Low9.33
CS1 End12.74
CR1 Start12.95
Volume & EV
DER(3)-1.86%
DER(5)-2.16%
Volume55.40K
Volume Incr-17.7%
Vol(5)54.54K
Vol(50)54.46K