SOLUNA HOLDINGS INC (SLNH) Stock Technical Analysis
NASDAQ:SLNH - Nasdaq - US5835433013 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SLNH. SLNH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
98% of all other stocks performed better in the past year than SLNH.
SLNH is one of the lesser performing stocks in the Software industry. 85% of 285 stocks in the same industry do better.
SLNH is currently trading near the lower end of its 52 week range, which is not a good sign. SLNH is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SLNH has a been trading in the 0.36 - 1.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SLNH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.61
1.21
3 important resistance areas can be observed.
- Resistance @0.90 from a trend line in the daily time frame.
- Resistance @1.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.3
Mansfield-7.82
10 Day High0.83
10 Day Low0.36
20 Day High1.08
20 Day Low0.36
52 Week High8.8
52 Week Low0.36
Performance
1 Week23.54%
2 Weeks25.55%
1 Month-38.23%
3 Month-72.05%
6 Month-85.36%
12 Month-72.05%
2 Year-88.18%
3 Year-99.71%
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)0.04
RSI(14)41.47
LBB0.36
UBB0.73
0.6177
-0.09 (-13.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-13.06%
1 Week23.54%
2 Weeks25.55%
1 Month-38.23%
3 Month-72.05%
6 Month-85.36%
12 Month-72.05%
2 Year-88.18%
3 Year-99.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%19.41%
ATR Inc44.94%
Range Today0.22
ADR(20)0.12
ADR(20)%18.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.3
Mansfield-7.82
10 Day High0.83
10 Day Low0.36
20 Day High1.08
20 Day Low0.36
52 Week High8.8
52 Week Low0.36
CS1 EndN/A
CR1 Start0.9
Volume & EV
DER(3)-8.02%
DER(5)-2.33%
Volume530.30K
Volume Incr-35.23%
Vol(5)291.76K
Vol(50)566.26K