SOUNDTHINKING INC (SSTI) Technical Analysis
NASDAQ:SSTI • US82536T1079
Current stock price
SSTI Technical Rating and Analysis
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.
- 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: 93% of all stocks are doing better.
- SSTI is part of the Software industry. There are 278 other stocks in this industry, of which 67% are performing better than SSTI.
- SSTI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SSTI is lagging the market.
- 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.
- Considerably lower volume is observed in the last couple of days.
SSTI Weekly and Daily overview Charts
SSTI Setup Rating and Analysis
Although the technical rating is bad, SSTI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.35, a Stop Loss order could be placed below this zone.
More info and screens
SSTI Support and Resistance Analysis
5.82
2 important support areas can be observed.
- A support zone ranging from 6.35 to 6.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.84 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.15 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.85 from a horizontal line in the weekly time frame.
- Resistance @16.38 from a horizontal line in the weekly time frame.
SSTI Technical Indicator Signal Analysis
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 | 7.63 | NEGATIVE | SSTI has a low relative strength, it was outperformed by 92.37% 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) | 44.92 | NEUTRAL | The RSI value for SSTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SSTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.18 | NEUTRAL | The Stochastics value for SSTI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for SSTI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.54 | NEGATIVE | The low ADX value for SSTI suggests a weak or negative trend. |
SSTI Chart- and CandleStick Pattern Analysis
SSTI Technicals: Chart, Performance Metrics, Trend & Indicators
6.59
+0.09 (+1.38%)
SOUNDTHINKING INC / SSTI TA FAQ
What is the ChartMill technical rating of SOUNDTHINKING INC (SSTI) stock?
ChartMill assigns a technical rating of 0 / 10 to SSTI.
Can you provide the trend direction for SOUNDTHINKING INC?
The current trend direction for SOUNDTHINKING INC (SSTI) is Bearish.
What is the RSI signal for SOUNDTHINKING INC (SSTI) stock?
SOUNDTHINKING INC (SSTI) has an RSI value of 44.9196. This indicates that the stock is currently neutral.
What is the MACD signal for SOUNDTHINKING INC (SSTI) stock?
The MACD indicator for SOUNDTHINKING INC (SSTI) has a value of -0.0221752, indicating a bearish trend.
What is the short term momentum for SOUNDTHINKING INC (SSTI) stock?
The short term momentum for SOUNDTHINKING INC (SSTI) is negative.