SOLUNA HOLDINGS INC (SLNH)

US5835433013 - Common Stock

2.56  +0.18 (+7.56%)

After market: 2.5 -0.06 (-2.34%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SLNH. SLNH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SLNH is a bad performer in the overall market: 90% of all stocks are doing better.
SLNH is part of the Software industry. There are 280 other stocks in this industry, of which 86% are performing better than SLNH.
SLNH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SLNH has a been trading in the 2.04 - 3.70 range, which is quite wide. It is currently trading near the lows of this 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.
Weekly and Daily overview Charts
SLNH Weekly chart
SLNH Daily chart
Setup Rating and Analysis

4

SLNH has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

2.09

3.12

We found 3 important support areas.

  • A support zone ranging from 2.52 to 2.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @2.22 from a horizontal line in the weekly time frame.
  • A support zone ranging from 2.11 to 2.11. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @2.69 from a trend line in the daily time frame.
  • Resistance @3.09 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
CRS10.2
Mansfield-3.27
10 Day High2.55
10 Day Low2.04
20 Day High3.7
20 Day Low2.04
52 Week High8.8
52 Week Low1.4
Performance
1 Week13.45%
2 Weeks19.91%
1 Month-18.39%
3 Month-23.81%
6 Month-55.24%
12 Month-26.44%
2 Year-75.67%
3 Year-98.87%
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)46.45
LBB2.02
UBB2.6
SLNH Daily chart

SOLUNA HOLDINGS INC

NASDAQ:SLNH (1/6/2025, 8:00:57 PM)

After market: 2.5 -0.06 (-2.34%)

2.56

+0.18 (+7.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg7.56%
1 Week13.45%
2 Weeks19.91%
1 Month-18.39%
3 Month-23.81%
6 Month-55.24%
12 Month-26.44%
2 Year-75.67%
3 Year-98.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%11.97%
ATR Inc-34.91%
Range Today0.21
ADR(20)0.29
ADR(20)%11.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.2
Mansfield-3.27
10 Day High2.55
10 Day Low2.04
20 Day High3.7
20 Day Low2.04
52 Week High8.8
52 Week Low1.4
CS1 End2.55
CR1 Start2.69
Volume & EV
DER(3)-132.04%
DER(5)-81.14%
Volume291.80K
Volume Incr-49.72%
Vol(5)133.11K
Vol(50)235.65K