SANDRIDGE ENERGY INC (SD) Technical Analysis
NYSE:SD • US80007P8692
Current stock price
SD Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SD. SD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month SD has a been trading in the 15.02 - 17.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, SD did better than 83% of all other stocks. On top of that, SD also shows a nice and consistent pattern of rising prices.
- SD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SD is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- SD is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 49% of 209 stocks in the same industry.
SD Weekly and Daily overview Charts
SD Setup Rating and Analysis
SD has an average technical rating and it also does not offer a high 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
SD Support and Resistance Analysis
15.00
We found 1 important support area.
- Support @15.15 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.47 to 17.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
SD 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 SD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SD is down. |
| ChartMill Relative Strength | 83.62 | POSITIVE | SD has a high relative strength, it outperformed 83.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SD is below 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) | 37.88 | NEUTRAL | The RSI value for SD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SD has a negative trend. |
| Stochastics (14,3) | 17.07 | OVERSOLD | The low Stochastics value suggests SD may be oversold. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for SD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.38 | NEGATIVE | The low ADX value for SD suggests a weak or negative trend. |
SD Chart- and CandleStick Pattern Analysis
SD Technicals: Chart, Performance Metrics, Trend & Indicators
15.45
+0.29 (+1.91%)
SANDRIDGE ENERGY INC / SD TA FAQ
Can you provide the ChartMill technical rating for SANDRIDGE ENERGY INC?
ChartMill assigns a technical rating of 6 / 10 to SD.
What is the current trend direction of SANDRIDGE ENERGY INC (SD) stock?
The current trend direction for SANDRIDGE ENERGY INC (SD) is Bullish.
What is the RSI signal for SANDRIDGE ENERGY INC (SD) stock?
SANDRIDGE ENERGY INC (SD) has an RSI value of 37.8806. This indicates that the stock is currently neutral.
What is the MACD signal for SD stock?
The MACD indicator for SANDRIDGE ENERGY INC (SD) has a value of -0.182769, indicating a bearish trend.
Can you provide the buy/sell signal for SANDRIDGE ENERGY INC?
The buy/sell signal for SANDRIDGE ENERGY INC (SD) is hold as the short term and long term trends are mixed.