Taking everything into account, STI scores 2 out of 10 in our technical rating. In the last year, STI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
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.
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2.99
When analyzing the support we can see 2 important areas.
- Support @3.10 from a horizontal line in the daily time frame.
- Support @3.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.13 to 10.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for STI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STI is down. |
| ChartMill Relative Strength | 30.95 | NEUTRAL | STI is not amongst the best or worst performers 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 | MIXED | The current price of STI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.97 | NEUTRAL | The RSI value for STI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests STI has a negative trend. |
| Stochastics (14,3) | 9.97 | OVERSOLD | The low Stochastics value suggests STI may be oversold. |
| Average True Range in percent/ATR (20) | 13.78 | HIGH VOLATILITY | The high ATR as a percentage value for STI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for STI suggests a weak or negative trend. |
7.97
-0.42 (-5.01%)
SOLIDION TECHNOLOGY INC / STI FAQ
Can you provide the ChartMill technical rating for SOLIDION TECHNOLOGY INC?
ChartMill assigns a technical rating of 2 / 10 to STI.
Can you provide the trend direction for SOLIDION TECHNOLOGY INC?
The current trend direction for SOLIDION TECHNOLOGY INC (STI) is Bearish.
What is the RSI signal for STI stock?
SOLIDION TECHNOLOGY INC (STI) has an RSI value of 39.9746. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOLIDION TECHNOLOGY INC?
The short term momentum for SOLIDION TECHNOLOGY INC (STI) is negative.
Can you provide the support and resistance levels for SOLIDION TECHNOLOGY INC?
SOLIDION TECHNOLOGY INC (STI) has a support level at 3.1 and a resistance level at 10.13. Check the full technical report for our detailed analysis of STI support and resistance levels.