SANDRIDGE ENERGY INC (SD) Stock Technical Analysis
NYSE:SD - New York Stock Exchange, Inc. - US80007P8692 - Common Stock - Currency: USD
Overall SD gets a technical rating of 3 out of 10. SD'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.
When comparing the yearly performance of all stocks, SD is a bad performer in the overall market: 74% of all stocks are doing better.
In the last month SD has a been trading in the 10.58 - 12.64 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SD is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, SD did better than 42% of them.
SD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SD is lagging the market.
Although the technical rating is bad, SD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.94, a Stop Loss order could be placed below this zone.
More info and screens
9.35
13.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.73 to 10.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.44 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.78 to 12.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.95 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SD is neutral. |
| ChartMill Relative Strength | 26.73 | NEGATIVE | SD has a low relative strength, it was outperformed by 73.27% 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 | POSITIVE | The current price of SD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.72 | NEUTRAL | The RSI value for SD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.41 | OVERSOLD | The low Stochastics value suggests SD may be oversold. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for SD suggests a possible start of a new 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)
10.96
+0.14 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.29%
1 Week-0.27%
2 Weeks-1.35%
1 Month-1.79%
3 Month15.98%
6 Month-10.68%
12 Month-16.65%
2 Year-35.83%
3 Year-41.48%
5 Year743.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.36%
ATR Inc-40.85%
Range Today0.22
ADR(20)0.34
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.73
Mansfield-1.18
10 Day High11.22
10 Day Low10.58
20 Day High12.64
20 Day Low10.58
52 Week High14.04
52 Week Low8.81
CS1 End10.94
CR1 Start11.78
Volume & EV
DER(3)-1.54%
DER(5)-0.42%
Volume137.50K
Volume Incr-42.55%
Vol(5)230.62K
Vol(50)344.71K