SOCIETAL CDMO INC (SCTL) Stock Technical Analysis
NASDAQ:SCTL - Nasdaq - US75629F1093 - Common Stock - Currency: USD
Taking everything into account, SCTL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SCTL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SCTL is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. SCTL outperforms 97% of them.
SCTL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SCTL is lagging the market slightly.
SCTL has an average volume of 1228890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SCTL is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month SCTL has a been trading in a tight range between 1.06 and 1.10.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SCTL 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 1.10. Right above this resistance zone may be a good entry point.
More info and screens
0.62
1.12
We found 3 important support areas.
- Support @1.07 from a horizontal line in the weekly time frame.
- Support @1.05 from a horizontal line in the daily time frame.
- Support @0.63 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines 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 SCTL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCTL is up. |
| ChartMill Relative Strength | 98.08 | POSITIVE | SCTL has a high relative strength, it outperformed 98.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCTL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.11 | OVERBOUGHT | The high RSI value suggests SCTL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SCTL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests SCTL may be overbought. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for SCTL suggests low volalility. |
| Average Directional Index/ADX (14) | 63.66 | POSITIVE | The high ADX value value for SCTL suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 1.12 | 1.07 | 0.06 (4.91%) | 20.36% |
| An entry @1.12. This is a Buy Stop order right above the resistance zone. | An exit @1.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 4.91%. | When investing 20.36% 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.
1.1
+0.01 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.92%
1 Week1.85%
2 Weeks3.77%
1 Month3.77%
3 Month239.51%
6 Month150%
12 Month2.8%
2 Year-19.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.27%
ATR Inc-30%
Range Today0.01
ADR(20)0.01
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.08
Mansfield4.7
10 Day High1.1
10 Day Low1.08
20 Day High1.1
20 Day Low1.06
52 Week High1.28
52 Week Low0.26
CS1 End1.07
CR1 Start1.1
Volume & EV
DER(3)-2.49%
DER(5)-3.17%
Volume514.60K
Volume Incr-57.35%
Vol(5)558.72K
Vol(50)1.23M