Overall SRDX gets a technical rating of 7 out of 10. In the last year, SRDX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although SRDX has an excellent technical rating, it does not offer a high quality setup 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.
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25.91
2 important support areas can be observed.
- Support @26.71 from a horizontal line in the daily time frame.
- Support @26.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.99 to 42.99. 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 | NEUTRAL | NEUTRAL | The long term trend for SRDX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRDX is up. |
| ChartMill Relative Strength | 78.12 | POSITIVE | SRDX has a high relative strength, it outperformed 78.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.79 | OVERBOUGHT | The high RSI value suggests SRDX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.81 | POSITIVE | The MACD value suggests SRDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.54 | OVERBOUGHT | The high Stochastics value suggests SRDX may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SRDX suggests some volalility. |
| Average Directional Index/ADX (14) | 57.34 | POSITIVE | The high ADX value value for SRDX suggests a strong trend. |
42.98
+0.15 (+0.35%)
SURMODICS INC / SRDX FAQ
What is the technical rating for SRDX stock?
ChartMill assigns a technical rating of 7 / 10 to SRDX.
Can you provide the trend direction for SURMODICS INC?
The current trend direction for SURMODICS INC (SRDX) is Bearish.
What is the RSI signal for SURMODICS INC (SRDX) stock?
SURMODICS INC (SRDX) has an RSI value of 85.7852. This indicates that the stock is currently overbought.
What is the short term momentum for SURMODICS INC (SRDX) stock?
The short term momentum for SURMODICS INC (SRDX) is positive.
Can you provide the support and resistance levels for SURMODICS INC?
SURMODICS INC (SRDX) has a support level at 26.71 and a resistance level at 42.99. Check the full technical report for our detailed analysis of SRDX support and resistance levels.