SOLIDION TECHNOLOGY INC (STI) Stock Technical Analysis
NASDAQ:STI - Nasdaq - US8342121022 - Common Stock - Currency: USD
Taking everything into account, STI scores 1 out of 10 in our technical rating. STI'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, STI is a bad performer in the overall market: 99% of all stocks are doing better.
STI is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 89% are performing better than STI.
STI 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 STI is lagging the market.
In the last month STI has a been trading in the 3.38 - 5.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
The technical rating of STI 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
3.46
5.03
2 important resistance areas can be observed.
- Resistance @4.14 from a trend line in the daily time frame.
- Resistance @4.98 from a trend 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 STI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STI is down. |
| ChartMill Relative Strength | 1.73 | NEGATIVE | STI has a low relative strength, it was outperformed by 98.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of STI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.28 | NEUTRAL | The RSI value for STI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests STI has a negative trend. |
| Stochastics (14,3) | 7.77 | OVERSOLD | The low Stochastics value suggests STI may be oversold. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for STI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.73 | POSITIVE | The high ADX value value for STI 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)
3.49
-0.44 (-11.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-11.2%
1 Week-22.44%
2 Weeks-24.78%
1 Month-17.1%
3 Month-40.34%
6 Month-81.73%
12 Month-82.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%11.68%
ATR Inc2.79%
Range Today0.58
ADR(20)0.4
ADR(20)%11.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.73
Mansfield-7.66
10 Day High5.59
10 Day Low3.38
20 Day High5.59
20 Day Low3.38
52 Week High55
52 Week Low2.94
CS1 EndN/A
CR1 Start4.14
Volume & EV
DER(3)-13.14%
DER(5)-18.39%
Volume47.40K
Volume Incr-46.57%
Vol(5)32.48K
Vol(50)67.44K