SUNCAR TECHNOLOGY GROUP IN-A (SDA) Stock Technical Analysis
USA - NASDAQ:SDA - KYG857271087 - Common Stock
Overall SDA gets a technical rating of 0 out of 10. SDA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SDA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.88, a Stop Loss order could be placed below this zone.
More info and screens
1.84
We found 1 important support area.
- A support zone ranging from 1.86 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.11 from a horizontal line in the daily time frame.
- Resistance @2.50 from a trend line in the weekly time frame.
- Resistance @2.55 from a trend line in the daily time frame.
- Resistance @2.93 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 SDA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDA is down. |
| ChartMill Relative Strength | 4.55 | NEGATIVE | SDA has a low relative strength, it was outperformed by 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.85 | NEUTRAL | The RSI value for SDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SDA has a positive trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests SDA may be oversold. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for SDA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.57 | POSITIVE | The high ADX value value for SDA suggests a strong trend. |
1.96
+0.01 (+0.51%)
SUNCAR TECHNOLOGY GROUP IN-A / SDA FAQ
What is the ChartMill technical rating of SUNCAR TECHNOLOGY GROUP IN-A (SDA) stock?
ChartMill assigns a technical rating of 0 / 10 to SDA.
What is the current trend direction of SUNCAR TECHNOLOGY GROUP IN-A (SDA) stock?
The current trend direction for SUNCAR TECHNOLOGY GROUP IN-A (SDA) is Bearish.
What is the RSI signal for SUNCAR TECHNOLOGY GROUP IN-A (SDA) stock?
SUNCAR TECHNOLOGY GROUP IN-A (SDA) has an RSI value of 42.8517. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SUNCAR TECHNOLOGY GROUP IN-A?
The buy/sell signal for SUNCAR TECHNOLOGY GROUP IN-A (SDA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SDA stock?
SUNCAR TECHNOLOGY GROUP IN-A (SDA) has a support level at 1.88 and a resistance level at 1.97. Check the full technical report for our detailed analysis of SDA support and resistance levels.