SUPERX AI TECHNOLOGY LTD (SUPX) Stock Technical Analysis
USA - NASDAQ:SUPX - VGG5294K1104 - Common Stock
We assign a technical rating of 5 out of 10 to SUPX. In the last year, SUPX was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, SUPX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 60.14, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
53.02
We found 3 important support areas.
- A support zone ranging from 58.15 to 60.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.24 from a trend line in the daily time frame.
- Support @53.56 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @64.29 from a horizontal 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 | UP | POSITIVE | The long term trend for SUPX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SUPX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SUPX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SUPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SUPX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.55 | NEUTRAL | The RSI value for SUPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests SUPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.12 | NEUTRAL | The Stochastics value for SUPX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.25 | HIGH VOLATILITY | The high ATR as a percentage value for SUPX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for SUPX suggests a weak or negative trend. |
62.88
+3.65 (+6.16%)
SUPERX AI TECHNOLOGY LTD / SUPX FAQ
What is the technical rating for SUPX stock?
ChartMill assigns a technical rating of 5 / 10 to SUPX.
Can you provide the trend direction for SUPERX AI TECHNOLOGY LTD?
The current trend direction for SUPERX AI TECHNOLOGY LTD (SUPX) is Bullish.
What is the RSI signal for SUPX stock?
SUPERX AI TECHNOLOGY LTD (SUPX) has an RSI value of 52.5545. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SUPERX AI TECHNOLOGY LTD?
SUPERX AI TECHNOLOGY LTD (SUPX) has a support level at 60.14 and a resistance level at 64.29. Check the full technical report for our detailed analysis of SUPX support and resistance levels.