SCHRODINGER INC (SDGR) Stock Technical Analysis
NASDAQ:SDGR - Nasdaq - US80810D1037 - Common Stock - Currency: USD
Overall SDGR gets a technical rating of 0 out of 10. 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: 86% of all stocks are doing better.
SDGR has an average volume of 1144190 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 36 other stocks in this industry, SDGR did better than 42% of them.
SDGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SDGR is lagging the market.
In the last month SDGR has a been trading in the 19.74 - 22.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 support zone below the current price at 20.51, a Stop Loss order could be placed below this zone.
More info and screens
17.33
26.41
We found 2 important support areas.
- A support zone ranging from 17.97 to 18.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.51 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 20.47 to 20.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 20.90 to 21.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.71 to 21.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.80 from a trend line in the weekly time frame.
- Resistance @26.15 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 SDGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDGR is down. |
| ChartMill Relative Strength | 14.92 | NEGATIVE | SDGR has a low relative strength, it was outperformed by 85.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDGR is below a declining 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) | UP | MIXED | The current price of SDGR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.39 | NEUTRAL | The RSI value for SDGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SDGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.51 | NEUTRAL | The Stochastics value for SDGR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for SDGR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for SDGR suggests a weak or negative trend. |
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)
20.37
-0.77 (-3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-3.64%
1 Week2.47%
2 Weeks2.57%
1 Month-7.42%
3 Month-17.9%
6 Month11.26%
12 Month-1.08%
2 Year-59.59%
3 Year-32.46%
5 Year-70.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%4.3%
ATR Inc-22.47%
Range Today1.17
ADR(20)0.85
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.92
Mansfield-0.78
10 Day High22.15
10 Day Low19.85
20 Day High22.29
20 Day Low19.74
52 Week High28.47
52 Week Low16.6
CS1 End20.51
CR1 Start21.15
Volume & EV
DER(3)1.4%
DER(5)1.62%
Volume1.08M
Volume Incr-28.43%
Vol(5)894.98K
Vol(50)1.14M