SRAX INC (SRAX) Technical Analysis
NASDAQ:SRAX • US78472M1062
Current stock price
0.6 USD
-0.98 (-62.03%)
At close:
0.62 USD
+0.02 (+3.33%)
After Hours:
SRAX Technical Rating and Analysis
Overall SRAX gets a technical rating of 0 out of 10. SRAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SRAX is a bad performer in the overall market: 99% of all stocks are doing better.
- SRAX is part of the Software industry. There are 278 other stocks in this industry, of which 88% are performing better than SRAX.
- SRAX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SRAX is lagging the market.
- In the last month SRAX has a been trading in the 0.58 - 2.35 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.
SRAX Weekly and Daily overview Charts
SRAX Setup Rating and Analysis
The technical rating of SRAX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SRAX Support and Resistance Analysis
SRAX Technical Indicator Signal Analysis
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 SRAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRAX is down. |
| ChartMill Relative Strength | 1.45 | NEGATIVE | SRAX has a low relative strength, it was outperformed by 98.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.22 | OVERSOLD | The low RSI value suggests SRAX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SRAX has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests SRAX may be oversold. |
| Average True Range in percent/ATR (20) | 33.85 | HIGH VOLATILITY | The high ATR as a percentage value for SRAX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.08 | POSITIVE | The high ADX value value for SRAX suggests a strong trend. |
SRAX Chart- and CandleStick Pattern Analysis
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)
SRAX Technicals: Chart, Performance Metrics, Trend & Indicators
0.6
-0.98 (-62.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-62.03%
1 Week-64.29%
2 Weeks-65.52%
1 Month-73.09%
3 Month-60.26%
6 Month-76.19%
12 Month-86.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%33.85%
ATR Inc346.29%
Range Today1.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.45
3 months CRSN/A
6 months CRSN/A
Mansfield-7.58
10 Day High1.81
10 Day Low0.58
20 Day High2.35
20 Day Low0.58
52 Week High5.27
52 Week Low0.58
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)5.95%
DER(5)8.57%
Volume2.91M
Volume Incr1119.44%
Vol(5)611.06K
Vol(50)172.12K
SRAX INC / SRAX TA FAQ
What is the ChartMill technical rating of SRAX INC (SRAX) stock?
ChartMill assigns a technical rating of 0 / 10 to SRAX.
Can you provide the trend direction for SRAX INC?
The current trend direction for SRAX INC (SRAX) is Bearish.
What is the RSI signal for SRAX stock?
SRAX INC (SRAX) has an RSI value of 18.2247. This indicates that the stock is currently oversold.
What is the short term momentum for SRAX INC (SRAX) stock?
The short term momentum for SRAX INC (SRAX) is negative.