Taking everything into account, SRAD scores 0 out of 10 in our technical rating. SRAD 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than SRAD.
- SRAD is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 67% of 132 stocks in the same industry do better.
- SRAD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month SRAD has a been trading in the 16.91 - 21.81 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SRAD has an average volume of 2273290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRAD has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
16.88
When analyzing the resistance we notice 5 important areas.
- Resistance @18.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.95 to 21.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.87 from a trend line in the daily time frame.
- Resistance @22.56 from a trend line in the daily time frame.
- Resistance @23.50 from a horizontal 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 SRAD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRAD is down. |
| ChartMill Relative Strength | 15.06 | NEGATIVE | SRAD has a low relative strength, it was outperformed by 84.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRAD is below a declining 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) | 21.37 | OVERSOLD | The low RSI value suggests SRAD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SRAD has a negative trend. |
| Stochastics (14,3) | 9.28 | OVERSOLD | The low Stochastics value suggests SRAD may be oversold. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for SRAD suggests some volalility. |
| Average Directional Index/ADX (14) | 42.57 | POSITIVE | The high ADX value value for SRAD suggests a strong trend. |
17.05
-0.63 (-3.56%)
SPORTRADAR GROUP AG-A / SRAD FAQ
What is the technical rating for SRAD stock?
ChartMill assigns a technical rating of 0 / 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 21.3716. This indicates that the stock is currently oversold.
What is the short term momentum for SPORTRADAR GROUP AG-A (SRAD) stock?
The short term momentum for SPORTRADAR GROUP AG-A (SRAD) is negative.
What is the support and resistance level for SRAD stock?
SPORTRADAR GROUP AG-A (SRAD) has a resistance level at 18.58. Check the full technical report for our detailed analysis of SRAD support and resistance levels.