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Is SLGL likely to continue higher? Directional Movement Crossover Bullish shows up after declining 0.97%

Sol-Gel Technologies Ltd. (SLGL) — SwingTradeBot Technical Analysis Report · Aug 21, 2026, 19:59 ET
SLGL posted a 0.97% loss on Friday, August 21st, accompanied by 0.7× normal trading volume. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while Fell Below 50 DMA and MACD Bearish Centerline Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 75.96, 74.19 & 71.21, with resistance at 80.71, 83.69 & 85.46.

Current SwingTradeBot Technical Rating of SLGL: C

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Sol-Gel Technologies Ltd. (SLGL)