SPORTRADAR GROUP AG-A (SRAD) Stock Technical Analysis
NASDAQ:SRAD - Nasdaq - CH1134239669 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to SRAD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRAD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SRAD is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, SRAD also shows a nice and consistent pattern of rising prices.
SRAD is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 97% of 131 stocks in the same industry.
SRAD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SRAD has a been trading in the 26.25 - 31.82 range, which is quite wide. It is currently trading near the high of this range.
SRAD has an average volume of 2032130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRAD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.15
31.48
We found 2 important support areas.
- A support zone ranging from 27.62 to 28.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.40 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 | UP | POSITIVE | The long term trend for SRAD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRAD is up. |
| ChartMill Relative Strength | 97.01 | POSITIVE | SRAD has a high relative strength, it outperformed 97.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.65 | NEUTRAL | The RSI value for SRAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SRAD has a positive trend. |
| Stochastics (14,3) | 78.34 | NEUTRAL | The Stochastics value for SRAD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SRAD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for SRAD 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.83 | 26.83 | 5.00 (15.71%) | 6.37% |
| An entry @31.83. This is a Buy Stop order right above the 10 day high. | An exit @26.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.00 points, which is 15.71%. | For a 1.00% total portfolio risk, you can invest 6.37% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
31.17
+0.85 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.8%
1 Week-0.03%
2 Weeks11.12%
1 Month10.73%
3 Month30.47%
6 Month46.61%
12 Month166.18%
2 Year170.57%
3 Year183.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%3.74%
ATR Inc-20.2%
Range Today1.18
ADR(20)1.14
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.01
Mansfield4.04
10 Day High31.82
10 Day Low26.84
20 Day High31.82
20 Day Low26.25
52 Week High31.82
52 Week Low11.35
CS1 End28.36
CR1 StartN/A
Volume & EV
DER(3)-1.25%
DER(5)-0.44%
Volume2.00M
Volume Incr-23.09%
Vol(5)1.64M
Vol(50)2.03M