We assign a technical rating of 6 out of 10 to SLP. SLP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
SLP has an average technical rating and also the quality of the setup is only medium 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
16.16
We found 3 important support areas.
- A support zone ranging from 17.38 to 17.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.76 to 17.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.32 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.48 to 19.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.78 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 | NEUTRAL | NEUTRAL | The long term trend for SLP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLP is up. |
| ChartMill Relative Strength | 27.62 | NEGATIVE | SLP has a low relative strength, it was outperformed by 72.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53 | NEUTRAL | The RSI value for SLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SLP has a negative trend. |
| Stochastics (14,3) | 57.37 | NEUTRAL | The Stochastics value for SLP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SLP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.21 | NEUTRAL | The ADX value for SLP suggests a possible start of a new trend. |
18.7
-0.16 (-0.85%)
SIMULATIONS PLUS INC / SLP FAQ
What is the ChartMill technical rating of SIMULATIONS PLUS INC (SLP) stock?
ChartMill assigns a technical rating of 6 / 10 to SLP.
What is the trend direction for SLP stock?
The current trend direction for SIMULATIONS PLUS INC (SLP) is Bearish.
What is the RSI signal for SIMULATIONS PLUS INC (SLP) stock?
SIMULATIONS PLUS INC (SLP) has an RSI value of 52.9988. This indicates that the stock is currently neutral.
What are the support and resistance levels for SIMULATIONS PLUS INC (SLP) stock?
SIMULATIONS PLUS INC (SLP) has a support level at 17.56 and a resistance level at 19.48. Check the full technical report for our detailed analysis of SLP support and resistance levels.