PS Ultrapro Short Comm Services Select Sector (SCOM) Stock Technical Analysis
USA - NYSEARCA:SCOM -
24.8841
0 (0%)
Overall SCOM gets a technical rating of 8 out of 10. Both in the recent history as in the last year, SCOM has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month SCOM has a been trading in the 20.50 - 38.17 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: SCOM has an average volume of 1483 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SCOM did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SCOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCOM is lagging the market.
Considerably lower volume is observed in the last couple of days.
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
25.13
When analyzing the support we can see 2 important 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. |
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)
PS Ultrapro Short Comm Services Select Sector
NYSEARCA:SCOM (3/27/2020, 8:30:56 PM)
24.8841
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-29.9%
2 Weeks-4.11%
1 Month4.6%
3 Month26.14%
6 Month-6.51%
12 Month-26.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.89
ATR(20)%14.33%
ATR Inc-38.02%
Range Today0
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
CRS90.65
Mansfield1.63
10 Day High38.17
10 Day Low24.88
20 Day High38.17
20 Day Low20.5
52 Week High38.17
52 Week Low16.25
CS1 End24.87
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-94.63%
Vol(5)180
Vol(50)1.48K