Superconductor Tech (SCON) Stock Technical Analysis
NASDAQ:SCON - Nasdaq -
Taking everything into account, SCON scores 0 out of 10 in our technical rating. SCON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SCON is a bad performer in the overall market: 98% of all stocks are doing better.
SCON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SCON has a been trading in the 2.02 - 5.28 range, which is quite wide. It is currently trading near the lows of this range.
SCON has an average volume of 4841270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of SCON is bad and it also does not present a quality setup 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
1.86
5.85
3 important support areas can be observed.
- A support zone ranging from 2.32 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.20 from a trend line in the daily time frame.
- Support @1.88 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.36 to 2.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.99 from a trend line in the weekly time frame.
- Resistance @4.64 from a trend line in the weekly time frame.
- Resistance @5.79 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SCON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCON is down. |
| ChartMill Relative Strength | 2.26 | NEGATIVE | SCON has a low relative strength, it was outperformed by 97.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SCON is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.48 | NEUTRAL | The RSI value for SCON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SCON has a positive trend. |
| Stochastics (14,3) | 13.22 | OVERSOLD | The low Stochastics value suggests SCON may be oversold. |
| Average True Range in percent/ATR (20) | 21.35 | HIGH VOLATILITY | The high ATR as a percentage value for SCON 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)
2.35
+0.17 (+7.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.8%
1 Week8.29%
2 Weeks-4.08%
1 Month-25.87%
3 Month-44.05%
6 Month27.1%
12 Month-55.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%21.35%
ATR Inc-40.72%
Range Today0.43
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
CRS2.26
Mansfield-1.93
10 Day High2.96
10 Day Low2.02
20 Day High5.28
20 Day Low2.02
52 Week High9.1
52 Week Low1.22
CS1 End2.34
CR1 Start2.36
Volume & EV
DER(3)-4.62%
DER(5)-0.37%
Volume633.60K
Volume Incr-89.98%
Vol(5)859.00K
Vol(50)4.84M