SOLIDION TECHNOLOGY INC (STI) Stock Technical Analysis
NASDAQ:STI - US8342122012 - Common Stock
3.39 USD
+0.18 (+5.61%)
3.32 USD
-0.07 (-2.06%)
Overall STI gets a technical rating of 1 out of 10. STI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, STI is a bad performer in the overall market: 96% of all stocks are doing better.
STI is one of the lesser performing stocks in the Electrical Equipment industry. 81% of 93 stocks in the same industry do better.
STI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month STI has a been trading in the 2.99 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
STI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.10, a Stop Loss order could be placed below this zone.
More info and screens
2.98
6.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.07 to 3.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.01 to 3.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.40 to 3.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.22 to 4.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.70 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 | 4.61 | NEGATIVE | STI has a low relative strength, it was outperformed by 95.39% 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) | 44.89 | NEUTRAL | The RSI value for STI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests STI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.59 | NEUTRAL | The Stochastics value for STI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.5 | HIGH VOLATILITY | The high ATR as a percentage value for STI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.21 | NEUTRAL | The ADX value for STI suggests a possible start of a new 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)
3.39
+0.18 (+5.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg5.61%
1 Week10.06%
2 Weeks3.35%
1 Month-24.67%
3 Month7.28%
6 Month-82.67%
12 Month-83.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%8.5%
ATR Inc-7.43%
Range Today0.38
ADR(20)0.28
ADR(20)%8.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.61
Mansfield-7.65
10 Day High3.63
10 Day Low2.99
20 Day High4.5
20 Day Low2.99
52 Week High55
52 Week Low2.94
CS1 End3.1
CR1 Start3.4
Volume & EV
DER(3)0.03%
DER(5)0.88%
Volume51.00K
Volume Incr-37.24%
Vol(5)30.70K
Vol(50)51.33K