SCREAMING EAGLE ACQ -CLASS A (SCRM) Technical Analysis
NASDAQ:SCRM • KYG794071053
Current stock price
SCRM Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to SCRM. SCRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 71% of all other stocks performed better in the past year than SCRM.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- SCRM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SCRM is lagging the market slightly.
- In the last month SCRM has a been trading in the 9.15 - 12.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SCRM Weekly and Daily overview Charts
SCRM Setup Rating and Analysis
SCRM has a poor technical rating and the quality of the setup is also only medium 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
SCRM Support and Resistance Analysis
10.07
When analyzing the support we notice one important area.
- Support @10.17 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @10.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.67 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SCRM 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 | NEUTRAL | NEUTRAL | The long term trend for SCRM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCRM is neutral. |
| ChartMill Relative Strength | 29.65 | NEGATIVE | SCRM has a low relative strength, it was outperformed by 70.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCRM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCRM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for SCRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SCRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.5 | NEUTRAL | The Stochastics value for SCRM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for SCRM suggests high volalility. |
| Average Directional Index/ADX (14) | 57.27 | POSITIVE | The high ADX value value for SCRM suggests a strong trend. |
SCRM Chart- and CandleStick Pattern Analysis
SCRM Technicals: Chart, Performance Metrics, Trend & Indicators
10.18
-0.96 (-8.62%)
SCREAMING EAGLE ACQ -CLASS A / SCRM TA FAQ
What is the technical rating for SCRM stock?
ChartMill assigns a technical rating of 2 / 10 to SCRM.
Can you provide the trend direction for SCREAMING EAGLE ACQ -CLASS A?
The current trend direction for SCREAMING EAGLE ACQ -CLASS A (SCRM) is Bearish.
Can you provide the RSI signal for SCREAMING EAGLE ACQ -CLASS A?
SCREAMING EAGLE ACQ -CLASS A (SCRM) has an RSI value of 42.7471. This indicates that the stock is currently neutral.
What is the MACD signal for SCREAMING EAGLE ACQ -CLASS A (SCRM) stock?
The MACD indicator for SCREAMING EAGLE ACQ -CLASS A (SCRM) has a value of 0.0000870966, indicating a bearish trend.
What are the support and resistance levels for SCREAMING EAGLE ACQ -CLASS A (SCRM) stock?
SCREAMING EAGLE ACQ -CLASS A (SCRM) has a support level at 10.17 and a resistance level at 10.45. Check the full technical report for our detailed analysis of SCRM support and resistance levels.