We assign a technical rating of 0 out of 10 to SVOL. SVOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SVOL 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 very little resistance above the current price. There is a support zone below the current price at 17.49, a Stop Loss order could be placed below this zone.
More info and screens
16.48
We found 2 important support areas.
- A support zone ranging from 17.08 to 17.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.65 to 16.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @17.97 from a trend line in the daily time frame.
- A resistance zone ranging from 18.30 to 18.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.46 from a horizontal line in the daily time frame.
- Resistance @20.02 from a trend line in the weekly 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 SVOL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVOL is neutral. |
| ChartMill Relative Strength | 25.16 | NEGATIVE | SVOL has a low relative strength, it was outperformed by 74.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SVOL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVOL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVOL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.51 | NEUTRAL | The RSI value for SVOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SVOL has a positive trend. |
| Stochastics (14,3) | 71.51 | NEUTRAL | The Stochastics value for SVOL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SVOL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.4 | NEGATIVE | The low ADX value for SVOL suggests a weak or negative trend. |
17.52
+0.12 (+0.69%)
SIMPLIFY VOLATILITY PREMIUM / SVOL FAQ
Can you provide the ChartMill technical rating for SIMPLIFY VOLATILITY PREMIUM?
ChartMill assigns a technical rating of 0 / 10 to SVOL.
What is the trend direction for SVOL stock?
The current trend direction for SIMPLIFY VOLATILITY PREMIUM (SVOL) is Bearish.
What is the RSI signal for SVOL stock?
SIMPLIFY VOLATILITY PREMIUM (SVOL) has an RSI value of 51.5148. This indicates that the stock is currently neutral.
What is the short term momentum for SVOL stock?
The short term momentum for SIMPLIFY VOLATILITY PREMIUM (SVOL) is neutral.
What are the support and resistance levels for SIMPLIFY VOLATILITY PREMIUM (SVOL) stock?
SIMPLIFY VOLATILITY PREMIUM (SVOL) has a support level at 17.49 and a resistance level at 17.97. Check the full technical report for our detailed analysis of SVOL support and resistance levels.