Overall SRLN gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SRLN was also a bad performer in the overall market in the last year.
SRLN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 41.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.34, a Stop Loss order could be placed below this zone.
More info and screens
39.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.53 to 41.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.46 to 39.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.35 to 42.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SRLN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRLN is up. |
| ChartMill Relative Strength | 37.82 | NEUTRAL | SRLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SRLN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SRLN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for SRLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SRLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.24 | NEUTRAL | The Stochastics value for SRLN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for SRLN suggests low volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for SRLN suggests a weak or negative trend. |
41.35
-0.01 (-0.02%)
SS BLACKSTONE SR LOAN ETF / SRLN FAQ
Can you provide the ChartMill technical rating for SS BLACKSTONE SR LOAN ETF?
ChartMill assigns a technical rating of 3 / 10 to SRLN.
Can you provide the trend direction for SS BLACKSTONE SR LOAN ETF?
The current trend direction for SS BLACKSTONE SR LOAN ETF (SRLN) is Bearish.
Can you provide the RSI signal for SS BLACKSTONE SR LOAN ETF?
SS BLACKSTONE SR LOAN ETF (SRLN) has an RSI value of 52.2661. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SS BLACKSTONE SR LOAN ETF?
The short term momentum for SS BLACKSTONE SR LOAN ETF (SRLN) is positive.
Can you provide the support and resistance levels for SS BLACKSTONE SR LOAN ETF?
SS BLACKSTONE SR LOAN ETF (SRLN) has a support level at 41.34 and a resistance level at 41.35. Check the full technical report for our detailed analysis of SRLN support and resistance levels.