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. SRAD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, SRAD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.91, 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 24.64 to 24.91. 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.
We found 1 important resistance area.
- A resistance zone ranging from 27.51 to 27.59. 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 | UP | POSITIVE | The long term trend for SRAD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRAD is down. |
| ChartMill Relative Strength | 91.29 | POSITIVE | SRAD has a high relative strength, it outperformed 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SRAD is above 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) | UP | POSITIVE | The current price of SRAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.26 | NEUTRAL | The RSI value for SRAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SRAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.38 | NEUTRAL | The Stochastics value for SRAD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SRAD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for SRAD suggests a weak or negative trend. |
26.64
-0.47 (-1.73%)
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 Bullish.
What is the RSI signal for SPORTRADAR GROUP AG-A (SRAD) stock?
SPORTRADAR GROUP AG-A (SRAD) has an RSI value of 45.2598. 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.
Can you provide the buy/sell signal for SPORTRADAR GROUP AG-A?
The buy/sell signal for SPORTRADAR GROUP AG-A (SRAD) is hold as the short term and long term trends are mixed.