Sula Iron & Gold Plc (SULA.L) Stock Technical Analysis
Europe - London Exchange - LON:SULA -
Overall SULA gets a technical rating of 0 out of 10. SULA'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.
Although the technical rating is bad, SULA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point.
More info and screens
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 SULA.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SULA.L is down. |
| ChartMill Relative Strength | 1.55 | NEGATIVE | SULA.L has a low relative strength, it was outperformed by 98.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SULA.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SULA.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SULA.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.87 | NEUTRAL | The RSI value for SULA.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SULA.L has a positive trend. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for SULA.L is a neutral value. |
| Average True Range in percent/ATR (20) | 20.15 | HIGH VOLATILITY | The high ATR as a percentage value for SULA.L suggests high volalility. |
LON:SULA (1/16/2018, 7:00:00 PM)
0.06
+0 (+4.35%)
Sula Iron & Gold Plc / SULA.L FAQ
What is the ChartMill technical rating of Sula Iron & Gold Plc (SULA.L) stock?
ChartMill assigns a technical rating of 0 / 10 to SULA.L.
What is the current trend direction of Sula Iron & Gold Plc (SULA.L) stock?
The current trend direction for Sula Iron & Gold Plc (SULA.L) is Bearish.
What is the RSI signal for SULA stock?
Sula Iron & Gold Plc (SULA.L) has an RSI value of 42.8739. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Sula Iron & Gold Plc?
The buy/sell signal for Sula Iron & Gold Plc (SULA.L) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SULA stock?
Sula Iron & Gold Plc (SULA.L) has a support level at 0.06 and a resistance level at 0.06. Check the full technical report for our detailed analysis of SULA.L support and resistance levels.