SURGERY PARTNERS INC (SGRY) Stock Technical Analysis
NASDAQ:SGRY - US86881A1007 - Common Stock
22.82 USD
+0.13 (+0.57%)
22.88 USD
+0.06 (+0.26%)
We assign a technical rating of 3 out of 10 to SGRY. SGRY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, SGRY is a bad performer in the overall market: 88% of all stocks are doing better.
SGRY is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, of which 63% are performing better than SGRY.
SGRY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SGRY has a been trading in the 20.84 - 24.10 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.
SGRY has an average volume of 1930550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SGRY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGRY 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
19.41
34.39
We found 3 important support areas.
- A support zone ranging from 22.56 to 22.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.01 to 21.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.37 to 23.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.40 from a horizontal line in the daily time frame.
- Resistance @34.05 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SGRY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGRY is neutral. |
| ChartMill Relative Strength | 12.16 | NEGATIVE | SGRY has a low relative strength, it was outperformed by 87.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGRY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SGRY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGRY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for SGRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SGRY has a negative trend. |
| Stochastics (14,3) | 37.57 | NEUTRAL | The Stochastics value for SGRY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SGRY suggests some volalility. |
| Average Directional Index/ADX (14) | 10.15 | NEGATIVE | The low ADX value for SGRY suggests a weak or negative 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)
22.82
+0.13 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.57%
1 Week-4.28%
2 Weeks-3.14%
1 Month2.01%
3 Month-3.35%
6 Month-5.23%
12 Month-28.58%
2 Year-37.07%
3 Year-17.11%
5 Year19.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%3.92%
ATR Inc-52.53%
Range Today0.3
ADR(20)0.88
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.16
Mansfield-1.42
10 Day High24.1
10 Day Low22.44
20 Day High24.1
20 Day Low20.85
52 Week High33.9
52 Week Low18.87
CS1 End22.8
CR1 Start23.37
Volume & EV
DER(3)2.34%
DER(5)3.36%
Volume1.09M
Volume Incr-37.4%
Vol(5)1.15M
Vol(50)1.93M