SURGICAL CARE AFFILIATES INC (SCAI) Stock Technical Analysis
NASDAQ:SCAI - Nasdaq - US86881L1061
We assign a technical rating of 7 out of 10 to SCAI. In the last year, SCAI was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SCAI is one of the better performing stocks in the market, outperforming 84% of all stocks.
SCAI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SCAI is leading the market.
In the last month SCAI has a been trading in a tight range between 55.61 and 57.05.
Although SCAI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.09
57.49
2 important support areas can be observed.
- A support zone ranging from 54.47 to 55.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.46 to 56.92. 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 | UP | POSITIVE | The long term trend for SCAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCAI is neutral. |
| ChartMill Relative Strength | 84.92 | POSITIVE | SCAI has a high relative strength, it outperformed 84.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.92 | NEUTRAL | The RSI value for SCAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SCAI has a negative trend. |
| Stochastics (14,3) | 19.01 | OVERSOLD | The low Stochastics value suggests SCAI may be oversold. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for SCAI suggests low volalility. |
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)
55.87
-0.32 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.57%
1 Week-1.41%
2 Weeks-1.38%
1 Month-1.53%
3 Month21.11%
6 Month25.58%
12 Month28.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.38%
ATR Inc207.58%
Range Today0.66
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
CRS84.92
Mansfield0.86
10 Day High56.75
10 Day Low55.61
20 Day High57.05
20 Day Low55.61
52 Week High57.44
52 Week Low37.51
CS1 End55.86
CR1 Start56.46
Volume & EV
DER(3)-3.04%
DER(5)-3.07%
Volume513.30K
Volume Incr-26.45%
Vol(5)496.02K
Vol(50)716.42K