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SRC ENERGY INC (SRCI) Stock Technical Analysis

NYSEARCA:SRCI - NYSE Arca -

4  -0.09 (-2.2%)

After market: 3.95 -0.05 (-1.25%)

Technical Rating and Analysis

4

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. The S&P500 Index however is trading in the upper part of its 52 week range, so SRCI is lagging the market.
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
Weekly and Daily overview Charts
SRC ENERGY INC / SRCI Weekly stock chart
SRC ENERGY INC / SRCI Daily stock chart
Setup Rating and Analysis

7

SRCI has only a medium technical rating, but it does show a decent setup pattern. 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.

Support and Resistance Analysis

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.

We can see 4 important resistance 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for SRCI is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SRCI is neutral.
ChartMill Relative Strength24.72NEGATIVESRCI has a low relative strength, it was outperformed by 75.28% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of SRCI is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SRCI is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SRCI is below a declining SMA(200).
Relative Strength Index/RSI (14)49.02NEUTRALThe RSI value for SRCI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests SRCI has a negative trend.
Stochastics (14,3)24.78NEUTRALThe Stochastics value for SRCI is a neutral value.
Average True Range in percent/ATR (20)4.44MEDIUM VOLATILITYThe ATR as a percentage value for SRCI suggests some volalility.
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)
SRC ENERGY INC / SRCI Daily stock chart

SRC ENERGY INC

NYSEARCA:SRCI (1/14/2020, 9:47:52 PM)

After market: 3.95 -0.05 (-1.25%)

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