SERITAGE GROWTH PROP- A (SRG) Stock Technical Analysis
NYSE:SRG • US81752R1005
Overall SRG gets a technical rating of 0 out of 10. SRG'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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SRG is a bad performer in the overall market: 82% of all stocks are doing better.
- SRG is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry, of which 62% are performing better than SRG.
- SRG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SRG has a been trading in the 2.94 - 3.30 range, which is quite wide. It is currently trading near the lows of this range.
SRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.92
When analyzing the support we notice one important area.
- Support @2.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @3.20 from a horizontal line in the daily time frame.
- Resistance @3.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.72 to 3.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.95 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 SRG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRG is down. |
| ChartMill Relative Strength | 18.76 | NEGATIVE | SRG has a low relative strength, it was outperformed by 81.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SRG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.59 | NEUTRAL | The RSI value for SRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SRG has a positive trend. |
| Stochastics (14,3) | 10.36 | OVERSOLD | The low Stochastics value suggests SRG may be oversold. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for SRG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.59 | POSITIVE | The high ADX value value for SRG suggests a strong trend. |
2.98
+0.02 (+0.68%)
SERITAGE GROWTH PROP- A / SRG FAQ
What is the ChartMill technical rating of SERITAGE GROWTH PROP- A (SRG) stock?
ChartMill assigns a technical rating of 0 / 10 to SRG.
What is the trend direction for SRG stock?
The current trend direction for SERITAGE GROWTH PROP- A (SRG) is Bearish.
Can you provide the RSI signal for SERITAGE GROWTH PROP- A?
SERITAGE GROWTH PROP- A (SRG) has an RSI value of 37.5938. This indicates that the stock is currently neutral.
What is the buy/sell signal for SRG stock?
The buy/sell signal for SERITAGE GROWTH PROP- A (SRG) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SERITAGE GROWTH PROP- A (SRG) stock?
SERITAGE GROWTH PROP- A (SRG) has a support level at 2.95 and a resistance level at 3.2. Check the full technical report for our detailed analysis of SRG support and resistance levels.