We assign a technical rating of 4 out of 10 to SLI. Although SLI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
SLI is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so SLI is not an exception.
In the last month SLI has a been trading in the 1.08 - 1.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SLI has an average volume of 1269520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Looking at the yearly performance, SLI did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SLI is part of the Metals & Mining industry. There are 152 other stocks in this industry, SLI did better than 54% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.