SURMODICS INC (SRDX) Stock Technical Analysis
USA - NASDAQ:SRDX - US8688731004 - Common Stock
We assign a technical rating of 0 out of 10 to SRDX. SRDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SRDX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 26.76, a Stop Loss order could be placed below this zone.
More info and screens
25.91
We found 1 important support area.
- A support zone ranging from 26.17 to 26.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.29 to 27.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.28 to 28.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @36.47 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SRDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRDX is down. |
| ChartMill Relative Strength | 10.32 | NEGATIVE | SRDX has a low relative strength, it was outperformed by 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.32 | NEUTRAL | The RSI value for SRDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SRDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.17 | NEUTRAL | The Stochastics value for SRDX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for SRDX suggests some volalility. |
| Average Directional Index/ADX (14) | 55.18 | POSITIVE | The high ADX value value for SRDX suggests a strong trend. |
26.79
+0.37 (+1.4%)
SURMODICS INC / SRDX FAQ
What is the technical rating for SRDX stock?
ChartMill assigns a technical rating of 0 / 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 36.3209. This indicates that the stock is currently neutral.
What is the short term momentum for SURMODICS INC (SRDX) stock?
The short term momentum for SURMODICS INC (SRDX) is negative.
Can you provide the support and resistance levels for SURMODICS INC?
SURMODICS INC (SRDX) has a support level at 26.76 and a resistance level at 27.29. Check the full technical report for our detailed analysis of SRDX support and resistance levels.