SCHRODINGER INC (SDGR) Stock Technical Analysis
NASDAQ:SDGR • US80810D1037
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- SDGR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- SDGR has an average volume of 1244830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SDGR is an average performer in the Health Care Technology industry, it outperforms 52% of 35 stocks in the same industry.
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
11.41
6 important resistance areas can be observed.
- Resistance @11.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.13 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.10 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.95 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.
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 | 7.81 | NEGATIVE | SDGR has a low relative strength, it was outperformed by 92.19% 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) | DOWN | NEGATIVE | The current price of SDGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.53 | OVERSOLD | The low RSI value suggests SDGR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SDGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.74 | OVERSOLD | The low Stochastics value suggests SDGR may be oversold. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for SDGR suggests high volalility. |
| Average Directional Index/ADX (14) | 37.64 | POSITIVE | The high ADX value value for SDGR suggests a strong trend. |
11.53
-0.36 (-3.03%)
SCHRODINGER INC / SDGR FAQ
What is the ChartMill technical rating of SCHRODINGER INC (SDGR) stock?
ChartMill assigns a technical rating of 0 / 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 26.5259. This indicates that the stock is currently oversold.
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 resistance level at 11.9. Check the full technical report for our detailed analysis of SDGR support and resistance levels.