Stericycle Inc (SRCL) Stock Technical Analysis
NASDAQ:SRCL - Nasdaq - US8589121081 - Common Stock - Currency: USD
Taking everything into account, SRCL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRCL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SRCL did better than 75% of all other stocks. We also observe that the gains produced by SRCL over the past year are nicely spread over this period.
SRCL is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SRCL is leading the market.
SRCL has an average volume of 1580760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRCL is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, SRCL did better than 65% of them.
In the last month SRCL has a been trading in a tight range between 60.71 and 61.99.
Although SRCL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
52.39
62.61
4 important support areas can be observed.
- A support zone ranging from 60.31 to 61.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.20 from a horizontal line in the daily time frame.
- Support @57.45 from a horizontal line in the daily time frame.
- Support @52.92 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.99 to 61.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SRCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRCL is up. |
| ChartMill Relative Strength | 75.38 | POSITIVE | SRCL has a high relative strength, it outperformed 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRCL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.11 | OVERBOUGHT | The high RSI value suggests SRCL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SRCL has a positive trend. |
| Stochastics (14,3) | 98.39 | OVERBOUGHT | The high Stochastics value suggests SRCL may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for SRCL suggests low volalility. |
| Average Directional Index/ADX (14) | 34.9 | POSITIVE | The high ADX value value for SRCL suggests a strong trend. |
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)
61.98
+0.51 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.83%
1 Week1.76%
2 Weeks1.77%
1 Month1.61%
3 Month5.43%
6 Month34.21%
12 Month46.77%
2 Year18.9%
3 Year9.7%
5 Year-1.34%
10 Year-51.92%
15 Year13.25%
Volatility
ATR(14)0.18
ATR(20)%0.29%
ATR Inc98.71%
Range Today0.05
ADR(20)0.15
ADR(20)%0.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.38
Mansfield0.56
10 Day High61.99
10 Day Low60.81
20 Day High61.99
20 Day Low60.71
52 Week High61.99
52 Week Low40.47
CS1 End61.71
CR1 Start61.99
Volume & EV
DER(3)1.52%
DER(5)1.62%
Volume5.24M
Volume Incr120.54%
Vol(5)1.80M
Vol(50)1.58M