SPORTRADAR GROUP AG-A (SRAD) Technical Analysis
NASDAQ:SRAD • CH1134239669
Current stock price
SRAD Technical Rating and Analysis
Taking everything into account, SRAD scores 1 out of 10 in our technical rating. SRAD'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, SRAD is a bad performer in the overall market: 84% of all stocks are doing better.
- SRAD is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 63% of 126 stocks in the same industry do better.
- SRAD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SRAD is lagging the market.
- SRAD has an average volume of 2785840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SRAD has a been trading in the 16.47 - 19.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SRAD Weekly and Daily overview Charts
SRAD Setup Rating and Analysis
Although the technical rating is bad, SRAD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SRAD 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
SRAD Support and Resistance Analysis
16.19
We found 1 important support area.
- A support zone ranging from 16.35 to 16.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.20 to 18.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.24 to 19.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.89 from a trend line in the daily time frame.
SRAD Technical Indicator Signal Analysis
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 SRAD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRAD is neutral. |
| ChartMill Relative Strength | 16.33 | NEGATIVE | SRAD has a low relative strength, it was outperformed by 83.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SRAD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRAD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRAD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.34 | NEUTRAL | The RSI value for SRAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SRAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.77 | NEUTRAL | The Stochastics value for SRAD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for SRAD suggests high volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for SRAD suggests a weak or negative trend. |
SRAD Chart- and CandleStick Pattern Analysis
SRAD Technicals: Chart, Performance Metrics, Trend & Indicators
18.18
-0.48 (-2.57%)
SPORTRADAR GROUP AG-A / SRAD TA FAQ
What is the technical rating for SRAD stock?
ChartMill assigns a technical rating of 1 / 10 to SRAD.
Can you provide the trend direction for SPORTRADAR GROUP AG-A?
The current trend direction for SPORTRADAR GROUP AG-A (SRAD) is Bearish.
What is the RSI signal for SPORTRADAR GROUP AG-A (SRAD) stock?
SPORTRADAR GROUP AG-A (SRAD) has an RSI value of 48.3411. This indicates that the stock is currently neutral.
What is the short term momentum for SPORTRADAR GROUP AG-A (SRAD) stock?
The short term momentum for SPORTRADAR GROUP AG-A (SRAD) is neutral.
What is the support and resistance level for SRAD stock?
SPORTRADAR GROUP AG-A (SRAD) has a support level at 16.86 and a resistance level at 18.2. Check the full technical report for our detailed analysis of SRAD support and resistance levels.