SUNCAR TECHNOLOGY GROUP IN-A (SDA)

KYG857271087 - Common Stock

7.23  +0.14 (+1.97%)

Technical Rating and Analysis

2

Taking everything into account, SDA scores 2 out of 10 in our technical rating. In the past year, SDA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
100% of all other stocks performed better in the past year than SDA.
SDA is one of the lesser performing stocks in the Diversified Consumer Services industry. 92% of 65 stocks in the same industry do better.
In the last month SDA has a been trading in the 6.35 - 8.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
SDA Weekly chart
SDA Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, SDA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SDA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

6.12

8.12

4 important support areas can be observed.

  • A support zone ranging from 7.18 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 6.50 to 6.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.30 to 6.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.18 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 7.52 to 7.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.04 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8
10 Day Low6.98
20 Day High8.62
20 Day Low6.35
52 Week HighN/A
52 Week LowN/A
Performance
1 Week1.83%
2 Weeks-0.55%
1 Month5.86%
3 Month-8.37%
6 Month-10.52%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)51.72
LBB6.8
UBB7.7
SDA Daily chart

SUNCAR TECHNOLOGY GROUP IN-A

NASDAQ:SDA (4/22/2024, 3:30:02 PM)

7.23

+0.14 (+1.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg1.97%
1 Week1.83%
2 Weeks-0.55%
1 Month5.86%
3 Month-8.37%
6 Month-10.52%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%8.1%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8
10 Day Low6.98
20 Day High8.62
20 Day Low6.35
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume236.83K
Volume Incr-21.54%
Vol(5)215.35K
Vol(50)290.73K