SILK ROAD MEDICAL INC (SILK)

US82710M1009 - Common Stock

18.71  -0.32 (-1.68%)

After market: 18.71 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to SILK. In the last year, SILK was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

63% of all other stocks performed better in the past year than SILK.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SILK is part of the Health Care Equipment & Supplies industry. There are 196 other stocks in this industry, SILK did better than 61% of them.
SILK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SILK is lagging the market.
In the last month SILK has a been trading in the 15.23 - 22.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SILK Weekly chart
SILK Daily chart
Setup Rating and Analysis

3

SILK has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

15.60

18.91

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 16.49 to 16.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @15.76 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @18.72 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.63
Mansfield-2.26
10 Day High19.61
10 Day Low15.32
20 Day High22.52
20 Day Low15.23
52 Week High46.57
52 Week Low6.08
Performance
1 Week-1.37%
2 Weeks20.87%
1 Month5.77%
3 Month52.49%
6 Month24.82%
12 Month-52.18%
2 Year-54.69%
3 Year-63.06%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)62.05
LBB14.6
UBB20.16
SILK Daily chart

SILK ROAD MEDICAL INC

NASDAQ:SILK (3/27/2024, 8:00:03 PM)

After market: 18.71 0 (0%)

18.71

-0.32 (-1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.68%
1 Week-1.37%
2 Weeks20.87%
1 Month5.77%
3 Month52.49%
6 Month24.82%
12 Month-52.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.83
ATR(20)%6.16%
ATR Inc
Range Today0.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.61
10 Day Low15.32
20 Day High22.52
20 Day Low15.23
52 Week High46.57
52 Week Low6.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume518.20K
Volume Incr-49.04%
Vol(5)506.68K
Vol(50)900.73K