The daily candle
Solana closed the October 16 daily candle at $104.40, down 0.94% on the day, after trading between $102.38 and $107.37.
Moving averages
The close of $104.40 is 8.4% below the 20-day average ($114.00).
The close of $104.40 is 4.5% below the 50-day average ($109.35).
Momentum: RSI and MACD
The 14-day RSI reads 38.7, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -1.5 against a signal line of 0.4526, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.92 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $101.35 to $126.64, and the close is inside the bands.
Over the previous 30 days the highest close was $122.08 and the lowest $98.60.
What it costs to hold a position
Anyone holding a SOL perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the SOL funding page.