SANDRIDGE ENERGY INC (SD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SD - US80007P8692 - Common Stock
Overall SD gets a technical rating of 5 out of 10. In the last year, SD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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.
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10.68
We found 4 important support areas.
- Support @13.35 from a horizontal line in the daily time frame.
- Support @12.57 from a trend line in the daily time frame.
- Support @12.11 from a trend line in the daily time frame.
- Support @10.79 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.94 to 14.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.08 to 15.23. 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 | 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 | 74.42 | POSITIVE | SD has a high relative strength, it outperformed 74.42% 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) | 44.47 | NEUTRAL | The RSI value for SD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.22 | NEUTRAL | The Stochastics value for SD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SD suggests some volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for SD suggests a possible start of a new trend. |
13.7
-0.26 (-1.86%)
SANDRIDGE ENERGY INC / SD FAQ
Can you provide the ChartMill technical rating for SANDRIDGE ENERGY INC?
ChartMill assigns a technical rating of 5 / 10 to SD.
Can you provide the trend direction for SANDRIDGE ENERGY INC?
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 44.4724. This indicates that the stock is currently neutral.
What is the short term momentum for SANDRIDGE ENERGY INC (SD) stock?
The short term momentum for SANDRIDGE ENERGY INC (SD) is negative.
Can you provide the support and resistance levels for SANDRIDGE ENERGY INC?
SANDRIDGE ENERGY INC (SD) has a support level at 13.35 and a resistance level at 13.94. Check the full technical report for our detailed analysis of SD support and resistance levels.