SANDRIDGE ENERGY INC (SD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SD - US80007P8692 - Common Stock
Taking everything into account, SD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SD is showing a nice and steady performance.
Although SD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.51
6 important support areas can be observed.
- A support zone ranging from 14.13 to 14.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.86 to 13.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.99 from a trend line in the daily time frame.
- Support @11.38 from a horizontal line in the daily time frame.
- Support @11.19 from a horizontal line in the daily time frame.
- Support @10.62 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for SD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SD is up. |
| ChartMill Relative Strength | 90.64 | POSITIVE | SD has a high relative strength, it outperformed 90.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.81 | OVERBOUGHT | The high RSI value suggests SD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SD has a positive trend. |
| Stochastics (14,3) | 88.02 | OVERBOUGHT | The high Stochastics value suggests SD may be overbought. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for SD suggests some volalility. |
| Average Directional Index/ADX (14) | 49.36 | POSITIVE | The high ADX value value for SD suggests a strong trend. |
15.12
+0.78 (+5.44%)
SANDRIDGE ENERGY INC / SD FAQ
Can you provide the ChartMill technical rating for SANDRIDGE ENERGY INC?
ChartMill assigns a technical rating of 10 / 10 to SD.
What is the trend direction for SD stock?
The current trend direction for SANDRIDGE ENERGY INC (SD) is Bullish.
What is the RSI signal for SD stock?
SANDRIDGE ENERGY INC (SD) has an RSI value of 72.8081. This indicates that the stock is currently overbought.
What is the short term momentum for SD stock?
The short term momentum for SANDRIDGE ENERGY INC (SD) is positive.
What is the buy/sell signal for SD stock?
The buy/sell signal for SANDRIDGE ENERGY INC (SD) is buy as both the short term and long term trends are positive.