SURGALIGN HOLDINGS INC (SRGA) Technical Analysis
NASDAQ:SRGA • US86882C2044
Current stock price
SRGA Technical Rating and Analysis
Overall SRGA gets a technical rating of 0 out of 10. SRGA'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SRGA is a bad performer in the overall market: 100% of all stocks are doing better.
- SRGA is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 90% are performing better than SRGA.
- SRGA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SRGA is lagging the market.
- In the last month SRGA has a been trading in the 0.17 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SRGA has an average volume of 3469470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRGA Weekly and Daily overview Charts
SRGA Setup Rating and Analysis
The technical rating of SRGA is bad and it also does not present a 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
SRGA Support and Resistance Analysis
SRGA 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 | DOWN | NEGATIVE | The long term trend for SRGA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRGA is down. |
| ChartMill Relative Strength | 0.13 | NEGATIVE | SRGA has a low relative strength, it was outperformed by 99.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRGA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRGA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.97 | OVERSOLD | The low RSI value suggests SRGA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SRGA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.8 | OVERSOLD | The low Stochastics value suggests SRGA may be oversold. |
| Average True Range in percent/ATR (20) | 83.14 | HIGH VOLATILITY | The high ATR as a percentage value for SRGA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for SRGA suggests a strong trend. |
SRGA Chart- and CandleStick Pattern Analysis
SRGA Technicals: Chart, Performance Metrics, Trend & Indicators
0.1829
-0.09 (-32.98%)
SURGALIGN HOLDINGS INC / SRGA TA FAQ
What is the ChartMill technical rating of SURGALIGN HOLDINGS INC (SRGA) stock?
ChartMill assigns a technical rating of 0 / 10 to SRGA.
What is the current trend direction of SURGALIGN HOLDINGS INC (SRGA) stock?
The current trend direction for SURGALIGN HOLDINGS INC (SRGA) is Bearish.
Can you provide the RSI signal for SURGALIGN HOLDINGS INC?
SURGALIGN HOLDINGS INC (SRGA) has an RSI value of 29.9723. This indicates that the stock is currently oversold.
What is the short term momentum for SRGA stock?
The short term momentum for SURGALIGN HOLDINGS INC (SRGA) is negative.