SURMODICS INC (SRDX) Technical Analysis
NASDAQ:SRDX • US8688731004
Current stock price
42.98 USD
+0.15 (+0.35%)
At close:
42.99 USD
+0.01 (+0.02%)
After Hours:
SRDX Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SRDX. SRDX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- SRDX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 85% of 184 stocks in the same industry.
- SRDX 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 SRDX is leading the market.
- In the last month SRDX has a been trading in the 25.87 - 43.00 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that SRDX is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
SRDX Weekly and Daily overview Charts
SRDX Setup Rating and Analysis
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.
More info and screens
SRDX Support and Resistance Analysis
25.91
43.42
When analyzing the support we can see 2 important areas.
- Support @26.71 from a horizontal line in the daily time frame.
- Support @26.17 from a horizontal line in the weekly time frame.
We found 1 important resistance 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.
SRDX 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 SRDX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRDX is up. |
| ChartMill Relative Strength | 77.51 | POSITIVE | SRDX has a high relative strength, it outperformed 77.51% 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. |
SRDX 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)
SRDX Technicals: Chart, Performance Metrics, Trend & Indicators
42.98
+0.15 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.35%
1 Week4.98%
2 Weeks56.29%
1 Month52.95%
3 Month15.57%
6 Month49.76%
12 Month9.28%
2 Year30.96%
3 Year18.96%
5 Year14.8%
10 Year104.08%
15 Year364.65%
Volatility
ATR(14)2
ATR(20)%3.78%
ATR Inc-36.86%
Range Today1.15
ADR(20)0.88
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.51
3 months CRS85.97
6 months CRS90.77
Mansfield1.9
10 Day High43
10 Day Low25.87
20 Day High43
20 Day Low25.87
52 Week High43
52 Week Low25.87
CS1 End26.71
CR1 Start42.99
Volume & EV
DER(3)1.92%
DER(5)-0.63%
Volume5.34M
Volume Incr1309.64%
Vol(5)3.24M
Vol(50)482.12K
SURMODICS INC / SRDX TA FAQ
What is the technical rating for SRDX stock?
ChartMill assigns a technical rating of 7 / 10 to SRDX.
What is the trend direction for SRDX stock?
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 SRDX stock?
The short term momentum for SURMODICS INC (SRDX) is positive.