SPORTRADAR GROUP AG-A (SRAD) Stock Technical Analysis
NASDAQ:SRAD - Nasdaq - CH1134239669 - Common Stock - Currency: USD
Taking everything into account, SRAD scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month SRAD has a been trading in the 27.25 - 30.63 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SRAD is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by SRAD over the past year are nicely spread over this period.
SRAD is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 96% of 131 stocks in the same industry.
SRAD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SRAD is lagging the market slightly.
SRAD has an average volume of 1862630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SRAD has an excellent technical rating, the quality of the presented setup is not ideal 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
24.25
28.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.91 to 27.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.39 to 26.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.49 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 | NEUTRAL | NEUTRAL | The short term trend for SRAD is neutral. |
| ChartMill Relative Strength | 96.1 | POSITIVE | SRAD has a high relative strength, it outperformed 96.1% 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) | 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) | 48.8 | NEUTRAL | The RSI value for SRAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests SRAD has a negative trend. |
| Stochastics (14,3) | 12.68 | OVERSOLD | The low Stochastics value suggests SRAD may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SRAD suggests some volalility. |
| Average Directional Index/ADX (14) | 28.19 | POSITIVE | The high ADX value value for SRAD suggests a strong 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 |
|---|---|---|---|
| 29.06 | 27.90 | 1.16 (3.99%) | 25.00% |
| An entry @29.06. This is a Buy Stop order right above the 10 day moving average. | An exit @27.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.16 points, which is 3.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SRAD. Please evaluate whether better entry and exit points can be found.
- 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.
27.915
-0.09 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.3%
1 Week-3.74%
2 Weeks-5.56%
1 Month-0.59%
3 Month17.78%
6 Month33.06%
12 Month162.11%
2 Year89.51%
3 Year190.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%2.82%
ATR Inc-33.92%
Range Today0.39
ADR(20)0.79
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.1
Mansfield3.18
10 Day High30.63
10 Day Low27.76
20 Day High30.63
20 Day Low27.25
52 Week High30.63
52 Week Low10.06
CS1 End27.91
CR1 StartN/A
Volume & EV
DER(3)1%
DER(5)2.56%
Volume1.20M
Volume Incr-22.35%
Vol(5)1.70M
Vol(50)1.86M