HIGHLAND/IBOXX SENIOR LOAN E (SNLN) Stock Technical Analysis
NASDAQ:SNLN - Nasdaq - US4301017749 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to SNLN. SNLN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still 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.
SNLN 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.
Warning: SNLN has an average volume of 11926 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, SNLN turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month SNLN has a been trading in a tight range between 14.40 and 14.70.
Considerably lower volume is observed in the last couple of days.
SNLN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.60, a Stop Loss order could be placed below this zone.
More info and screens
14.27
15.35
We found 1 important support area.
- A support zone ranging from 14.41 to 14.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.62 to 15.20. 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
CRS46.31
Mansfield-0.83
10 Day High14.62
10 Day Low14.4
20 Day High14.7
20 Day Low14.4
52 Week High15.01
52 Week Low14.36
Performance
1 Week0.21%
2 Weeks0.48%
1 Month0.14%
3 Month0%
6 Month0.69%
12 Month-1.88%
2 YearN/A
3 YearN/A
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
RSI(14)51.69
LBB14.5
UBB14.66
NASDAQ:SNLN (9/15/2023, 8:07:52 PM)
14.62
+0.09 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.65%
1 Week0.21%
2 Weeks0.48%
1 Month0.14%
3 Month0%
6 Month0.69%
12 Month-1.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.89%
ATR Inc21.47%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.31
Mansfield-0.83
10 Day High14.62
10 Day Low14.4
20 Day High14.7
20 Day Low14.4
52 Week High15.01
52 Week Low14.36
CS1 End14.6
CR1 Start14.62
Volume & EV
DER(3)0%
DER(5)0%
Volume2.40K
Volume Incr-90.12%
Vol(5)720
Vol(50)11.93K