Overall SRAC gets a technical rating of 1 out of 10. SRAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SRAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.41
When analyzing the support we notice one important area.
- A support zone ranging from 9.50 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @12.98 from a trend 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 SRAC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRAC is neutral. |
| ChartMill Relative Strength | 37.88 | NEUTRAL | SRAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SRAC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for SRAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SRAC has a positive trend. |
| Stochastics (14,3) | 83.05 | OVERBOUGHT | The high Stochastics value suggests SRAC may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SRAC suggests some volalility. |
Stable Road Acquisition Corp Cl A
NASDAQ:SRAC (8/12/2021, 8:00:00 PM)
After market: 11.17 +0.2 (+1.82%)10.97
+0.77 (+7.55%)
Stable Road Acquisition Corp Cl A / SRAC FAQ
What is the technical rating for SRAC stock?
ChartMill assigns a technical rating of 1 / 10 to SRAC.
What is the trend direction for SRAC stock?
The current trend direction for Stable Road Acquisition Corp Cl A (SRAC) is Bearish.
What is the RSI signal for SRAC stock?
Stable Road Acquisition Corp Cl A (SRAC) has an RSI value of 54.1683. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Stable Road Acquisition Corp Cl A?
The short term momentum for Stable Road Acquisition Corp Cl A (SRAC) is neutral.