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 1 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
78% of all other stocks performed better in the past year than SD.
SD is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 66% 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 9.99 - 11.22 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of SD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.97
11.98
2 important support areas can be observed.
- Support @9.44 from a horizontal line in the weekly time frame.
- Support @9.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.33 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.63 to 11.86. 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 | DOWN | NEGATIVE | The long term trend for SD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SD is down. |
| ChartMill Relative Strength | 22.64 | NEGATIVE | SD has a low relative strength, it was outperformed by 77.36% 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) | DOWN | NEGATIVE | The current price of SD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.83 | NEUTRAL | The RSI value for SD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SD has a negative trend. |
| Stochastics (14,3) | 27.66 | NEUTRAL | The Stochastics value for SD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for SD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.21 | 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
-0.39 (-3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.75%
1 Week-3.1%
2 Weeks-2.15%
1 Month-9.01%
3 Month5.82%
6 Month-15.61%
12 Month-20.13%
2 Year-37.46%
3 Year-52.34%
5 Year532.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.88%
ATR Inc30.67%
Range Today0.43
ADR(20)0.27
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.64
Mansfield-1.74
10 Day High10.79
10 Day Low9.99
20 Day High11.22
20 Day Low9.99
52 Week High13.72
52 Week Low8.81
CS1 End9.44
CR1 Start10.33
Volume & EV
DER(3)2.22%
DER(5)1.44%
Volume377.20K
Volume Incr-13.17%
Vol(5)264.74K
Vol(50)338.02K