STONERIDGE INC (SRI) Stock Technical Analysis
NYSE:SRI - New York Stock Exchange, Inc. - US86183P1021 - Common Stock - Currency: USD
Overall SRI gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SRI was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than SRI.
SRI is one of the lesser performing stocks in the Automobile Components industry. 88% of 81 stocks in the same industry do better.
SRI 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 SRI is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SRI has a been trading in the 4.60 - 6.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SRI has an average technical rating and it also 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
5.31
10.17
We found 1 important support area.
- A support zone ranging from 5.36 to 5.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.69 to 5.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.28 to 6.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.07 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 | NEUTRAL | NEUTRAL | The long term trend for SRI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRI is up. |
| ChartMill Relative Strength | 12.06 | NEGATIVE | SRI has a low relative strength, it was outperformed by 87.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.74 | NEUTRAL | The RSI value for SRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.73 | NEUTRAL | The Stochastics value for SRI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for SRI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.9 | POSITIVE | The high ADX value value for SRI suggests a strong 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)
5.68
-0.38 (-6.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-6.27%
1 Week0.53%
2 Weeks13.15%
1 Month13.6%
3 Month13.37%
6 Month-13.28%
12 Month-63.47%
2 Year-69.87%
3 Year-66.88%
5 Year-72.51%
10 Year-51.49%
15 Year-25.16%
Volatility
ATR(14)0.34
ATR(20)%5.8%
ATR Inc-0.88%
Range Today0.32
ADR(20)0.31
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.06
Mansfield-3.5
10 Day High6.46
10 Day Low4.91
20 Day High6.46
20 Day Low4.6
52 Week High18.4
52 Week Low3.54
CS1 End5.4
CR1 Start5.69
Volume & EV
DER(3)5.25%
DER(5)3.5%
Volume249.60K
Volume Incr-23.47%
Vol(5)228.54K
Vol(50)288.30K