SCHRODINGER INC (SDGR) Technical Analysis
NASDAQ:SDGR • US80810D1037
Current stock price
SDGR Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to SDGR. In the past year, SDGR 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.
- When comparing the yearly performance of all stocks, SDGR is a bad performer in the overall market: 93% of all stocks are doing better.
- SDGR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SDGR has a been trading in the 10.95 - 13.31 range, which is quite wide. It is currently trading near the high of this range.
- SDGR has an average volume of 1428170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- SDGR is an average performer in the Health Care Technology industry, it outperforms 41% of 35 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SDGR Weekly and Daily overview Charts
SDGR Setup Rating and Analysis
The technical rating of SDGR is bad and it also does not present a 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.
More info and screens
SDGR Support and Resistance Analysis
10.95
When analyzing the support we can see 4 important areas.
- Support @12.76 from a trend line in the weekly time frame.
- A support zone ranging from 11.63 to 11.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.31 from a horizontal line in the daily time frame.
- A support zone ranging from 11.06 to 11.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.89 to 13.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.59 from a trend line in the weekly time frame.
- Resistance @21.59 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for SDGR is up. |
| ChartMill Relative Strength | 7.86 | NEGATIVE | SDGR has a low relative strength, it was outperformed by 92.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SDGR is above 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) | 62.47 | NEUTRAL | The RSI value for SDGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests SDGR has a positive trend. |
| Stochastics (14,3) | 83.54 | OVERBOUGHT | The high Stochastics value suggests SDGR may be overbought. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SDGR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.75 | 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
12.88
+0.08 (+0.63%)
SCHRODINGER INC / SDGR TA FAQ
What is the ChartMill technical rating of SCHRODINGER INC (SDGR) stock?
ChartMill assigns a technical rating of 2 / 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 SCHRODINGER INC (SDGR) stock?
SCHRODINGER INC (SDGR) has an RSI value of 62.4697. This indicates that the stock is currently neutral.
What is the MACD signal for SCHRODINGER INC (SDGR) stock?
The MACD indicator for SCHRODINGER INC (SDGR) has a value of 0.212073, indicating a bearish trend.
What is the buy/sell signal for SCHRODINGER INC (SDGR) stock?
The buy/sell signal for SCHRODINGER INC (SDGR) is hold as the short term and long term trends are mixed.