PS Ultrapro Short Comm Services Select Sector (SCOM) Stock Technical Analysis
USA - NYSEARCA:SCOM -
We assign a technical rating of 8 out of 10 to SCOM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCOM is showing a nice and steady performance.
Although SCOM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.29
We found 2 important support areas.
- A support zone ranging from 24.87 to 24.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.53 to 23.75. 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 SCOM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCOM is neutral. |
| ChartMill Relative Strength | 90.65 | POSITIVE | SCOM has a high relative strength, it outperformed 90.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SCOM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCOM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SCOM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.05 | NEUTRAL | The RSI value for SCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests SCOM has a negative trend. |
| Stochastics (14,3) | 16.82 | OVERSOLD | The low Stochastics value suggests SCOM may be oversold. |
| Average True Range in percent/ATR (20) | 14.33 | HIGH VOLATILITY | The high ATR as a percentage value for SCOM suggests high volalility. |
PS Ultrapro Short Comm Services Select Sector
NYSEARCA:SCOM (3/27/2020, 8:30:56 PM)
24.8841
0 (0%)
PS Ultrapro Short Comm Services Select Sector / SCOM FAQ
Can you provide the ChartMill technical rating for PS Ultrapro Short Comm Services Select Sector?
ChartMill assigns a technical rating of 7 / 10 to SCOM.
Can you provide the trend direction for PS Ultrapro Short Comm Services Select Sector?
The current trend direction for PS Ultrapro Short Comm Services Select Sector (SCOM) is Bullish.
What is the RSI signal for SCOM stock?
PS Ultrapro Short Comm Services Select Sector (SCOM) has an RSI value of 47.0549. This indicates that the stock is currently neutral.
What is the MACD signal for PS Ultrapro Short Comm Services Select Sector (SCOM) stock?
The MACD indicator for PS Ultrapro Short Comm Services Select Sector (SCOM) has a value of -0.948941, indicating a bearish trend.
What are the support and resistance levels for PS Ultrapro Short Comm Services Select Sector (SCOM) stock?
PS Ultrapro Short Comm Services Select Sector (SCOM) has a support level at 24.87. Check the full technical report for our detailed analysis of SCOM support and resistance levels.