Taking everything into account, SEAC scores 0 out of 10 in our technical rating. 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.
- 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, SEAC is a bad performer in the overall market: 94% of all stocks are doing better.
- SEAC is part of the Software industry. There are 277 other stocks in this industry, of which 75% are performing better than SEAC.
- SEAC 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.
- 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
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. |
NASDAQ:SEAC (8/25/2023, 8:25:44 PM)
4.88
-0.11 (-2.2%)
SEACHANGE INTERNATIONAL INC / SEAC FAQ
What is the technical rating for SEAC stock?
ChartMill assigns a technical rating of 0 / 10 to SEAC.
What is the trend direction for SEAC stock?
The current trend direction for SEACHANGE INTERNATIONAL INC (SEAC) is Bearish.
Can you provide the RSI signal for SEACHANGE INTERNATIONAL INC?
SEACHANGE INTERNATIONAL INC (SEAC) has an RSI value of 20.4492. This indicates that the stock is currently oversold.
What is the buy/sell signal for SEACHANGE INTERNATIONAL INC (SEAC) stock?
The buy/sell signal for SEACHANGE INTERNATIONAL INC (SEAC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SEACHANGE INTERNATIONAL INC (SEAC) stock?
SEACHANGE INTERNATIONAL INC (SEAC) has a resistance level at 4.89. Check the full technical report for our detailed analysis of SEAC support and resistance levels.