SEER INC (SEER) Stock Technical Analysis
NASDAQ:SEER - Nasdaq - US81578P1066 - Common Stock - Currency: USD
Overall SEER gets a technical rating of 5 out of 10. In the last year, SEER was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month SEER has a been trading in the 1.97 - 2.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, SEER turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
SEER is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, SEER did better than 62% of them.
SEER is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SEER is lagging the market.
Considerably lower volume is observed in the last couple of days.
SEER has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SEER in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.73
2.36
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.09 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.91 from a horizontal line in the daily time frame.
- A support zone ranging from 1.83 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.75 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.23 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.28 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.34 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 | UP | POSITIVE | The long term trend for SEER is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SEER is neutral. |
| ChartMill Relative Strength | 47.67 | NEUTRAL | SEER is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SEER is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SEER is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.21 | NEUTRAL | The RSI value for SEER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SEER has a negative trend. |
| Stochastics (14,3) | 27.35 | NEUTRAL | The Stochastics value for SEER is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for SEER suggests some volalility. |
| Average Directional Index/ADX (14) | 21.28 | NEUTRAL | The ADX value for SEER suggests a possible start of a new 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)
2.12
-0.03 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.4%
1 Week0%
2 Weeks-2.3%
1 Month7.61%
3 Month7.61%
6 Month-11.3%
12 Month2.42%
2 Year-58.1%
3 Year-76.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.41%
ATR Inc3.71%
Range Today0.09
ADR(20)0.07
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.67
Mansfield-0.58
10 Day High2.23
10 Day Low2.08
20 Day High2.28
20 Day Low1.97
52 Week High2.63
52 Week Low1.59
CS1 End2.1
CR1 Start2.23
Volume & EV
DER(3)16.1%
DER(5)8.97%
Volume110.20K
Volume Incr-41.14%
Vol(5)78.44K
Vol(50)272.41K