SCHRODINGER INC (SDGR) Technical Analysis
NASDAQ:SDGR • US80810D1037
Current stock price
SDGR Technical Rating and Analysis
Taking everything into account, SDGR scores 1 out of 10 in our technical rating. SDGR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SDGR is a bad performer in the overall market: 92% of all stocks are doing better.
- SDGR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SDGR is lagging the market.
- SDGR has an average volume of 1442300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SDGR is part of the Health Care Technology industry. There are 35 other stocks in this industry, SDGR did better than 52% of them.
- In the last month SDGR has a been trading in the 11.11 - 13.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SDGR Weekly and Daily overview Charts
SDGR Setup Rating and Analysis
Although the technical rating is bad, SDGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.57. Right above this resistance zone may be a good entry point.
More info and screens
SDGR Support and Resistance Analysis
11.10
We found 1 important support area.
- Support @11.21 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 12.57 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.64 to 14.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.35 from a trend line in the weekly time frame.
- Resistance @22.23 from a horizontal line in the weekly time frame.
- Resistance @23.03 from a horizontal line in the daily time frame.
SDGR Technical Indicator Signal Analysis
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 SDGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDGR is down. |
| ChartMill Relative Strength | 8.12 | NEGATIVE | SDGR has a low relative strength, it was outperformed by 91.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SDGR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.94 | NEUTRAL | The RSI value for SDGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SDGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.04 | NEUTRAL | The Stochastics value for SDGR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for SDGR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for SDGR suggests a weak or negative trend. |
SDGR Chart- and CandleStick Pattern Analysis
SDGR Technicals: Chart, Performance Metrics, Trend & Indicators
11.98
-0.31 (-2.52%)
SCHRODINGER INC / SDGR TA FAQ
What is the ChartMill technical rating of SCHRODINGER INC (SDGR) stock?
ChartMill assigns a technical rating of 1 / 10 to SDGR.
What is the trend direction for SDGR stock?
The current trend direction for SCHRODINGER INC (SDGR) is Bearish.
What is the RSI signal for SDGR stock?
SCHRODINGER INC (SDGR) has an RSI value of 40.941. This indicates that the stock is currently neutral.
What is the buy/sell signal for SDGR stock?
The buy/sell signal for SCHRODINGER INC (SDGR) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SDGR stock?
SCHRODINGER INC (SDGR) has a support level at 11.21 and a resistance level at 12.57. Check the full technical report for our detailed analysis of SDGR support and resistance levels.