SRC ENERGY INC (SRCI) Stock Technical Analysis
NYSEARCA:SRCI -
4
-0.09 (-2.2%)
3.95
-0.05 (-1.25%)
Overall SRCI gets a technical rating of 4 out of 10. In the past year, SRCI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SRCI is a bad performer in the overall market: 76% of all stocks are doing better.
SRCI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SRCI has an average volume of 3839160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month SRCI has a been trading in the 3.80 - 4.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SRCI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
3.47
5.08
We found 2 important support areas.
- Support @3.56 from a horizontal line in the weekly time frame.
- Support @3.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @4.01 from a trend line in the daily time frame.
- Resistance @4.26 from a trend line in the daily time frame.
- A resistance zone ranging from 4.34 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.03 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 | NEUTRAL | NEUTRAL | The long term trend for SRCI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRCI is neutral. |
| ChartMill Relative Strength | 24.72 | NEGATIVE | SRCI has a low relative strength, it was outperformed by 75.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SRCI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.02 | NEUTRAL | The RSI value for SRCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SRCI has a negative trend. |
| Stochastics (14,3) | 24.78 | NEUTRAL | The Stochastics value for SRCI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SRCI suggests some volalility. |
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)
4
-0.09 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.2%
1 Week-8.05%
2 Weeks-1.48%
1 Month6.1%
3 Month15.94%
6 Month0%
12 Month-20.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%4.44%
ATR Inc4.44%
Range Today0.15
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
CRS24.72
Mansfield-2.2
10 Day High4.48
10 Day Low3.87
20 Day High4.48
20 Day Low3.8
52 Week High6.99
52 Week Low3.07
CS1 End3.56
CR1 Start4.01
Volume & EV
DER(3)-0.27%
DER(5)-0.42%
Volume20.98M
Volume Incr90.43%
Vol(5)6.12M
Vol(50)3.84M