SANDRIDGE MISSISSIPPIAN TR II (SDR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SDR -
Taking everything into account, SDR scores 0 out of 10 in our technical rating. SDR'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.
SDR has a poor technical rating and the quality of the setup is also only medium 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.
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0.22
When analyzing the resistance we notice 3 important areas.
- Resistance @0.26 from a horizontal line in the daily time frame.
- Resistance @0.39 from a trend line in the daily time frame.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SDR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDR is down. |
| ChartMill Relative Strength | 1.59 | NEGATIVE | SDR has a low relative strength, it was outperformed by 98.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.5 | OVERSOLD | The low RSI value suggests SDR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.41 | OVERSOLD | The low Stochastics value suggests SDR may be oversold. |
| Average True Range in percent/ATR (20) | 17.16 | HIGH VOLATILITY | The high ATR as a percentage value for SDR suggests high volalility. |
NYSE:SDR (11/11/2019, 9:33:46 PM)
0.226
0 (-1.78%)
SANDRIDGE MISSISSIPPIAN TR II / SDR FAQ
What is the technical rating for SDR stock?
ChartMill assigns a technical rating of 0 / 10 to SDR.
What is the current trend direction of SANDRIDGE MISSISSIPPIAN TR II (SDR) stock?
The current trend direction for SANDRIDGE MISSISSIPPIAN TR II (SDR) is Bearish.
Can you provide the RSI signal for SANDRIDGE MISSISSIPPIAN TR II?
SANDRIDGE MISSISSIPPIAN TR II (SDR) has an RSI value of 23.5043. This indicates that the stock is currently oversold.
Can you provide the short term momentum for SANDRIDGE MISSISSIPPIAN TR II?
The short term momentum for SANDRIDGE MISSISSIPPIAN TR II (SDR) is negative.
What is the buy/sell signal for SANDRIDGE MISSISSIPPIAN TR II (SDR) stock?
The buy/sell signal for SANDRIDGE MISSISSIPPIAN TR II (SDR) is sell as both the short term and long term trends are negative.