Logo image of SHLL

Tortoise Acquisition Corp Cl A (SHLL) Stock Technical Analysis

NYSE:SHLL - New York Stock Exchange, Inc. -

44.91  -4.92 (-9.87%)

After market: 45.25 +0.34 (+0.76%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SHLL. Both in the recent history as in the last year, SHLL has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SHLL is one of the better performing stocks in the market, outperforming 98% of all stocks.
SHLL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHLL is lagging the market slightly.
SHLL has an average volume of 5873840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHLL has a been trading in the 33.21 - 57.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Tortoise Acquisition Corp Cl A / SHLL Weekly stock chart
Tortoise Acquisition Corp Cl A / SHLL Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, SHLL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

25.63

45.36

3 important support areas can be observed.

  • Support @43.12 from a trend line in the daily time frame.
  • Support @40.49 from a horizontal line in the daily time frame.
  • Support @25.89 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.66
Mansfield15.52
10 Day High54.45
10 Day Low33.21
20 Day High57
20 Day Low33.21
52 Week High58.66
52 Week Low9.5
Performance
1 Week10.89%
2 Weeks-6.28%
1 Month-19.59%
3 Month65.9%
6 Month353.64%
12 Month354.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.89
RSI(14)50.96
LBB40.7
UBB53.62
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
47.4743.114.36 (9.18%)10.90%
An entry @47.47. This is a Buy Stop order right above the 10 day moving average.An exit @43.11. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 4.36 points, which is 9.18%.For a 1.00% total portfolio risk, you can invest 10.90% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of SHLL. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Tortoise Acquisition Corp Cl A / SHLL Daily stock chart

Tortoise Acquisition Corp Cl A

NYSE:SHLL (10/1/2020, 8:18:11 PM)

After market: 45.25 +0.34 (+0.76%)

44.91

-4.92 (-9.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.87%
1 Week10.89%
2 Weeks-6.28%
1 Month-19.59%
3 Month65.9%
6 Month353.64%
12 Month354.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.03
ATR(20)%14.64%
ATR Inc32.46%
Range Today5.4
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.66
Mansfield15.52
10 Day High54.45
10 Day Low33.21
20 Day High57
20 Day Low33.21
52 Week High58.66
52 Week Low9.5
CS1 End43.12
CR1 StartN/A
Volume & EV
DER(3)1.54%
DER(5)-0.11%
Volume7.40M
Volume Incr15.43%
Vol(5)7.94M
Vol(50)5.87M