SOLIDION TECHNOLOGY INC (STI) Stock Technical Analysis
NASDAQ:STI - Nasdaq - US8342121022 - Common Stock - Currency: USD
Taking everything into account, STI scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. STI was also a bad performer in the overall market in the last year.
96% of all other stocks performed better in the past year than STI.
STI is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 83% are performing better than STI.
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.
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.
In the last month STI has a been trading in the 3.68 - 5.56 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of STI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.26
7.14
We found 2 important support areas.
- Support @4.52 from a trend line in the daily time frame.
- A support zone ranging from 4.30 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.39 to 5.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.07 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 | UP | POSITIVE | The short term trend for STI is up. |
| ChartMill Relative Strength | 4.57 | NEGATIVE | STI has a low relative strength, it was outperformed by 95.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of STI is above a declining 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) | 67.92 | NEUTRAL | The RSI value for STI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests STI has a positive trend. |
| Stochastics (14,3) | 86.62 | OVERBOUGHT | The high Stochastics value suggests STI may be overbought. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for STI suggests high volalility. |
| Average Directional Index/ADX (14) | 40.22 | 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)
5.38
+0.03 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.56%
1 Week22.55%
2 Weeks17.72%
1 Month41.95%
3 Month-2.18%
6 Month-77.27%
12 Month-74.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%6.52%
ATR Inc131.34%
Range Today0.49
ADR(20)0.34
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.57
Mansfield-6.52
10 Day High5.56
10 Day Low4.19
20 Day High5.56
20 Day Low3.68
52 Week High55
52 Week Low2.94
CS1 End4.52
CR1 Start5.39
Volume & EV
DER(3)2.58%
DER(5)2.71%
Volume75.82K
Volume Incr47.45%
Vol(5)86.52K
Vol(50)591.20K