We assign a technical rating of 10 out of 10 to SLVO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLVO is showing a nice and steady performance.
SLVO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
74.41
We found 4 important support areas.
- A support zone ranging from 90.52 to 90.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.80 to 88.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @83.08 from a horizontal line in the daily time frame.
- A support zone ranging from 75.16 to 75.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 99.36 to 100.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SLVO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLVO is up. |
| ChartMill Relative Strength | 84.04 | POSITIVE | SLVO has a high relative strength, it outperformed 84.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLVO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLVO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.14 | NEUTRAL | The RSI value for SLVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SLVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.87 | OVERBOUGHT | The high Stochastics value suggests SLVO may be overbought. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for SLVO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.59 | NEUTRAL | The ADX value for SLVO suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 100.35 | 96.93 | 3.42 (3.41%) | 25.00% |
| An entry @100.35. This is a Buy Stop order right above the resistance zone. | An exit @96.93. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.42 points, which is 3.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- 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.
99.35
-0.91 (-0.91%)
UBS AG ETRACS SL SH CO C ETN / SLVO FAQ
What is the technical rating for SLVO stock?
ChartMill assigns a technical rating of 10 / 10 to SLVO.
What is the current trend direction of UBS AG ETRACS SL SH CO C ETN (SLVO) stock?
The current trend direction for UBS AG ETRACS SL SH CO C ETN (SLVO) is Bullish.
Can you provide the RSI signal for UBS AG ETRACS SL SH CO C ETN?
UBS AG ETRACS SL SH CO C ETN (SLVO) has an RSI value of 63.1351. This indicates that the stock is currently neutral.
What is the short term momentum for UBS AG ETRACS SL SH CO C ETN (SLVO) stock?
The short term momentum for UBS AG ETRACS SL SH CO C ETN (SLVO) is positive.
Can you provide the buy/sell signal for UBS AG ETRACS SL SH CO C ETN?
The buy/sell signal for UBS AG ETRACS SL SH CO C ETN (SLVO) is buy as both the short term and long term trends are positive.