SANDRIDGE ENERGY INC (SD) Stock Technical Analysis
USA - NYSE:SD - US80007P8692 - Common Stock
Taking everything into account, SD scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, SD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
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10.44
4 important support areas can be observed.
- Support @11.81 from a trend line in the daily time frame.
- Support @11.38 from a horizontal line in the daily time frame.
- A support zone ranging from 11.08 to 11.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.44 to 14.44. 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 | UP | POSITIVE | The short term trend for SD is up. |
| ChartMill Relative Strength | 87.14 | POSITIVE | SD has a high relative strength, it outperformed 87.14% 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) | UP | POSITIVE | The current price of SD is above 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) | 68.92 | NEUTRAL | The RSI value for SD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.61 | OVERBOUGHT | The high Stochastics value suggests SD may be overbought. |
| 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) | 44.68 | POSITIVE | The high ADX value value for SD suggests a strong trend. |
14.11
-0.21 (-1.47%)
SANDRIDGE ENERGY INC / SD FAQ
Can you provide the ChartMill technical rating for SANDRIDGE ENERGY INC?
ChartMill assigns a technical rating of 9 / 10 to SD.
What is the trend direction for SD stock?
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 68.9236. This indicates that the stock is currently neutral.
What is the short term momentum for SD stock?
The short term momentum for SANDRIDGE ENERGY INC (SD) is positive.
What is the buy/sell signal for SD stock?
The buy/sell signal for SANDRIDGE ENERGY INC (SD) is buy as both the short term and long term trends are positive.