SPORTRADAR GROUP AG-A (SRAD) Stock Technical Analysis
USA - NASDAQ:SRAD - CH1134239669 - Common Stock
We assign a technical rating of 5 out of 10 to SRAD. Although SRAD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SRAD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 25.13, a Stop Loss order could be placed below this zone.
More info and screens
23.36
We found 3 important support areas.
- A support zone ranging from 24.80 to 25.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.25 to 24.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @25.76 from a trend line in the daily time frame.
- A resistance zone ranging from 27.03 to 27.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SRAD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRAD is down. |
| ChartMill Relative Strength | 87.54 | POSITIVE | SRAD has a high relative strength, it outperformed 87.54% 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) | UP | POSITIVE | The current price of SRAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.31 | NEUTRAL | The RSI value for SRAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SRAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.8 | NEUTRAL | The Stochastics value for SRAD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SRAD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.07 | NEUTRAL | The ADX value for SRAD suggests a possible start of a new trend. |
25.58
-0.51 (-1.95%)
SPORTRADAR GROUP AG-A / SRAD FAQ
What is the technical rating for SRAD stock?
ChartMill assigns a technical rating of 5 / 10 to SRAD.
What is the trend direction for SRAD stock?
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 40.3077. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPORTRADAR GROUP AG-A?
The short term momentum for SPORTRADAR GROUP AG-A (SRAD) is negative.