SURMODICS INC (SRDX) Stock Technical Analysis
NASDAQ:SRDX - Nasdaq - US8688731004 - Common Stock - Currency: USD
Taking everything into account, SRDX scores 1 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than SRDX.
SRDX 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 SRDX is lagging the market.
SRDX is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, SRDX did better than 45% of them.
In the last month SRDX has a been trading in the 26.60 - 30.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SRDX has a poor technical rating and the quality of the setup is also not perfect 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
25.91
40.02
2 important support areas can be observed.
- A support zone ranging from 26.71 to 26.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.17 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 29.03 to 29.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.91 to 31.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @37.70 from a trend line in the weekly time frame.
- Resistance @39.62 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for SRDX is neutral. |
| ChartMill Relative Strength | 17.11 | NEGATIVE | SRDX has a low relative strength, it was outperformed by 82.89% 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) | DOWN | MIXED | The current price of SRDX is above 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) | 52.37 | NEUTRAL | The RSI value for SRDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SRDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.59 | NEUTRAL | The Stochastics value for SRDX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for SRDX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for SRDX suggests a weak or negative 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)
29.02
-0.51 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.73%
1 Week-0.48%
2 Weeks3.53%
1 Month4.16%
3 Month-11.69%
6 Month-26.44%
12 Month-31%
2 Year58.32%
3 Year-26.03%
5 Year-21.53%
10 Year17.59%
15 Year70.61%
Volatility
ATR(14)0.83
ATR(20)%2.91%
ATR Inc-5.21%
Range Today0.75
ADR(20)0.83
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.11
Mansfield-2.31
10 Day High30.34
10 Day Low27.8
20 Day High30.34
20 Day Low26.6
52 Week High42.44
52 Week Low26
CS1 End26.76
CR1 Start29.03
Volume & EV
DER(3)0.66%
DER(5)-0.26%
Volume41.40K
Volume Incr-32.31%
Vol(5)55.42K
Vol(50)86.52K