Superconductor Tech (SCON) Technical Analysis
NASDAQ:SCON
Current stock price
SCON Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SCON. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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.
SCON Weekly and Daily overview Charts
SCON Setup Rating and Analysis
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
SCON Support and Resistance Analysis
1.86
When analyzing the support we can see 3 important areas.
- 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.
SCON Technical Indicator Signal Analysis
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. |
SCON Chart- and CandleStick Pattern Analysis
SCON Technicals: Chart, Performance Metrics, Trend & Indicators
2.35
+0.17 (+7.8%)
Superconductor Tech / SCON TA FAQ
What is the technical rating for SCON stock?
ChartMill assigns a technical rating of 0 / 10 to SCON.
Can you provide the trend direction for Superconductor Tech?
The current trend direction for Superconductor Tech (SCON) is Bearish.
Can you provide the RSI signal for Superconductor Tech?
Superconductor Tech (SCON) has an RSI value of 39.4797. This indicates that the stock is currently neutral.
What is the MACD signal for Superconductor Tech (SCON) stock?
The MACD indicator for Superconductor Tech (SCON) has a value of 0.0432836, indicating a bearish trend.
What is the buy/sell signal for Superconductor Tech (SCON) stock?
The buy/sell signal for Superconductor Tech (SCON) is sell as both the short term and long term trends are negative.