SANDRIDGE ENERGY INC (SD) Stock Technical Analysis
NYSE:SD - New York Stock Exchange, Inc. - US80007P8692 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SD. SD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
80% of all other stocks performed better in the past year than SD.
SD is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 64% are performing better than SD.
SD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SD is lagging the market.
In the last month SD has a been trading in the 9.11 - 10.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SD is bad and it also does not present a 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
8.97
13.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.80 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.44 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.06 to 9.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 10.22 to 10.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @10.43 from a trend line in the daily time frame.
- Resistance @10.82 from a horizontal line in the daily time frame.
- Resistance @11.21 from a trend line in the weekly time frame.
- Resistance @11.58 from a trend line in the weekly time frame.
- Resistance @11.91 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for SD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SD is neutral. |
| ChartMill Relative Strength | 20.43 | NEGATIVE | SD has a low relative strength, it was outperformed by 79.57% 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) | DOWN | MIXED | The current price of SD is above a declining 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) | 55.17 | NEUTRAL | The RSI value for SD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SD has a positive trend. |
| Stochastics (14,3) | 33.93 | NEUTRAL | The Stochastics value for SD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for SD suggests a weak or negative 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)
10.19
+0.38 (+3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.87%
1 Week5.71%
2 Weeks-0.59%
1 Month7.83%
3 Month-8.28%
6 Month-7.45%
12 Month-21.8%
2 Year-33.18%
3 Year-34.97%
5 Year689.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.99%
ATR Inc27.43%
Range Today0.35
ADR(20)0.26
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.43
Mansfield-1.57
10 Day High10.3
10 Day Low9.52
20 Day High10.89
20 Day Low9.11
52 Week High14.04
52 Week Low8.81
CS1 End9.99
CR1 Start10.22
Volume & EV
DER(3)2.2%
DER(5)1.2%
Volume361.55K
Volume Incr40.35%
Vol(5)408.91K
Vol(50)339.67K