SEACHANGE INTERNATIONAL INC (SEAC) Stock Technical Analysis
NASDAQ:SEAC - Nasdaq - US8116994042 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SEAC. SEAC'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.
94% of all other stocks performed better in the past year than SEAC.
SEAC is part of the Software industry. There are 284 other stocks in this industry, of which 82% are performing better than SEAC.
SEAC 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 SEAC is lagging the market.
SEAC 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.
Warning: SEAC has an average volume of 24510 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
SEAC 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.
More info and screens
4.83
10.91
We can see 7 important resistance areas.
- A resistance zone ranging from 4.89 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.42 from a trend line in the daily time frame.
- Resistance @7.66 from a trend line in the daily time frame.
- Resistance @7.82 from a trend line in the weekly time frame.
- Resistance @8.75 from a trend line in the weekly time frame.
- Resistance @10.55 from a horizontal line in the daily time frame.
- Resistance @10.80 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 SEAC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SEAC is down. |
| ChartMill Relative Strength | 6.8 | NEGATIVE | SEAC has a low relative strength, it was outperformed by 93.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SEAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SEAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SEAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.45 | OVERSOLD | The low RSI value suggests SEAC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SEAC has a positive trend. |
| Stochastics (14,3) | 29.62 | NEUTRAL | The Stochastics value for SEAC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for SEAC suggests high volalility. |
| Average Directional Index/ADX (14) | 45.11 | POSITIVE | The high ADX value value for SEAC suggests a strong 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)
NASDAQ:SEAC (8/25/2023, 8:25:44 PM)
4.88
-0.11 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.2%
1 Week0.21%
2 Weeks-0.61%
1 Month-38.46%
3 Month-40.2%
6 Month-39.02%
12 Month-54.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%5.85%
ATR Inc-71.79%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.8
Mansfield-4.73
10 Day High5.04
10 Day Low4.86
20 Day High8.23
20 Day Low4.51
52 Week High11.2
52 Week Low4.51
CS1 EndN/A
CR1 Start4.89
Volume & EV
DER(3)1.9%
DER(5)2.93%
Volume22.40K
Volume Incr-71.51%
Vol(5)14.56K
Vol(50)24.51K