SR BANCORP INC (SRBK) Technical Analysis
NASDAQ:SRBK • US85227J1060
Current stock price
SRBK Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SRBK. Both in the recent history as in the last year, SRBK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SRBK is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by SRBK over the past year are nicely spread over this period.
- SRBK is part of the Banks industry. There are 376 other stocks in this industry. SRBK outperforms 83% of them.
- A new 52 week high is currently being made by SRBK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SRBK has a been trading in the 16.16 - 18.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
SRBK Weekly and Daily overview Charts
SRBK Setup Rating and Analysis
Although SRBK has an excellent technical rating, it does not present a decent entry opportunity 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
SRBK Support and Resistance Analysis
14.17
When analyzing the support we can see 6 important areas.
- A support zone ranging from 17.56 to 17.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.93 to 17.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.40 to 16.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.93 from a trend line in the weekly time frame.
- Support @14.64 from a horizontal line in the daily time frame.
- Support @14.31 from a horizontal line in the daily time frame.
SRBK 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 | UP | POSITIVE | The long term trend for SRBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRBK is up. |
| ChartMill Relative Strength | 80.64 | POSITIVE | SRBK has a high relative strength, it outperformed 80.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.2 | OVERBOUGHT | The high RSI value suggests SRBK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SRBK has a positive trend. |
| Stochastics (14,3) | 88.59 | OVERBOUGHT | The high Stochastics value suggests SRBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for SRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.8 | NEGATIVE | The low ADX value for SRBK suggests a weak or negative trend. |
SRBK Chart- and CandleStick Pattern Analysis
SRBK Technicals: Chart, Performance Metrics, Trend & Indicators
18.55
+0.22 (+1.2%)
SR BANCORP INC / SRBK TA FAQ
What is the ChartMill technical rating of SR BANCORP INC (SRBK) stock?
ChartMill assigns a technical rating of 10 / 10 to SRBK.
What is the current trend direction of SR BANCORP INC (SRBK) stock?
The current trend direction for SR BANCORP INC (SRBK) is Bullish.
What is the RSI signal for SRBK stock?
SR BANCORP INC (SRBK) has an RSI value of 75.1991. This indicates that the stock is currently overbought.
What is the short term momentum for SR BANCORP INC (SRBK) stock?
The short term momentum for SR BANCORP INC (SRBK) is positive.
What is the buy/sell signal for SRBK stock?
The buy/sell signal for SR BANCORP INC (SRBK) is buy as both the short term and long term trends are positive.