SRC ENERGY INC (SRCI) Technical Analysis
NYSEARCA:SRCI
Current stock price
SRCI Technical Rating and Analysis
Taking everything into account, SRCI scores 4 out of 10 in our technical rating. 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.
- 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.
SRCI Weekly and Daily overview Charts
SRCI Setup Rating and Analysis
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
SRCI Support and Resistance Analysis
3.47
When analyzing the support we can see 2 important 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.
4 important resistance areas can be observed.
- 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.
SRCI 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 | 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. |
SRCI Chart- and CandleStick Pattern Analysis
SRCI Technicals: Chart, Performance Metrics, Trend & Indicators
4
-0.09 (-2.2%)
SRC ENERGY INC / SRCI TA FAQ
What is the technical rating for SRCI stock?
ChartMill assigns a technical rating of 4 / 10 to SRCI.
Can you provide the trend direction for SRC ENERGY INC?
The current trend direction for SRC ENERGY INC (SRCI) is Bearish.
What is the RSI signal for SRCI stock?
SRC ENERGY INC (SRCI) has an RSI value of 49.024. This indicates that the stock is currently neutral.
What is the MACD signal for SRC ENERGY INC (SRCI) stock?
The MACD indicator for SRC ENERGY INC (SRCI) has a value of -0.0273711, indicating a bearish trend.