SomaLogic Inc (SLGC): Price Down $-0.34 (-2.76)% Over Past Day, Down $-0.26 (-2.12)% Over Past Hour

The Hourly View for SLGC

Currently, SLGC (Get Ratings)’s price is down $-0.26 (-2.12%) from the hour prior. The hourly chart shows that SLGC has seen 2 straight down hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Business Services stocks, SLGC ranks 172nd in regards to today’s price percentage change.

SLGC’s Technical Outlook on the Daily Chart

Currently, SLGC’s price is down $-0.34 (-2.76%) from the day prior. This move is a reversal from the day prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows SLGC’s price action over the past 90 days.

SLGC

<

SLGC: Daily RSI Analysis

  • SLGC’s RSI now stands at 19.863.
  • SLGC and RSI may be exhibiting divergent trends. This may be something to monitor.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market