Score Media and Gaming Inc (SCR) Technical Analysis
NASDAQ:SCR
Current stock price
SCR Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SCR. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SCR is a bad performer.
- 100% of all other stocks performed better in the past year than SCR.
- SCR is part of the Entertainment industry. There are 79 other stocks in this industry, of which 85% are performing better than SCR.
- Both the short term and long term trends are positive. This is a very positive sign.
- SCR 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 SCR is leading the market.
- SCR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SCR Weekly and Daily overview Charts
SCR Setup Rating and Analysis
SCR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SCR Support and Resistance Analysis
33.26
We found 2 important support areas.
- A support zone ranging from 34.27 to 34.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.96 to 35.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
SCR 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 | UP | POSITIVE | The long term trend for SCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SCR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCR is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.78 | NEUTRAL | The RSI value for SCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.34 | NEUTRAL | The Stochastics value for SCR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SCR suggests some volalility. |
SCR Chart- and CandleStick Pattern Analysis
SCR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.98 | 34.26 | 1.72 (4.78%) | 20.92% |
| An entry @35.98. This is a Buy Stop order right above the resistance zone. | An exit @34.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.72 points, which is 4.78%. | When investing 20.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SCR Technicals: Chart, Performance Metrics, Trend & Indicators
35.58
-0.02 (-0.06%)
Score Media and Gaming Inc / SCR TA FAQ
What is the ChartMill technical rating of Score Media and Gaming Inc (SCR) stock?
ChartMill assigns a technical rating of 7 / 10 to SCR.
What is the trend direction for SCR stock?
The current trend direction for Score Media and Gaming Inc (SCR) is Bullish.
What is the RSI signal for Score Media and Gaming Inc (SCR) stock?
Score Media and Gaming Inc (SCR) has an RSI value of 59.7772. This indicates that the stock is currently neutral.
What is the MACD signal for Score Media and Gaming Inc (SCR) stock?
The MACD indicator for Score Media and Gaming Inc (SCR) has a value of -0.0461165, indicating a bearish trend.
What are the support and resistance levels for Score Media and Gaming Inc (SCR) stock?
Score Media and Gaming Inc (SCR) has a support level at 34.79 and a resistance level at 35.96. Check the full technical report for our detailed analysis of SCR support and resistance levels.