STONERIDGE INC (SRI) Stock Technical Analysis
USA - NYSE:SRI - US86183P1021 - Common Stock
Taking everything into account, SRI scores 0 out of 10 in our technical rating. SRI'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.
Although the technical rating is bad, SRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SRI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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6.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.73 to 6.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.40 to 6.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.13 to 7.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.40 to 7.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.69 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 | NEUTRAL | NEUTRAL | The long term trend for SRI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRI is down. |
| ChartMill Relative Strength | 24.99 | NEGATIVE | SRI has a low relative strength, it was outperformed by 75.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.53 | NEUTRAL | The RSI value for SRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.21 | NEUTRAL | The Stochastics value for SRI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for SRI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for SRI suggests a weak or negative trend. |
6.81
+0.04 (+0.59%)
STONERIDGE INC / SRI FAQ
What is the technical rating for SRI stock?
ChartMill assigns a technical rating of 0 / 10 to SRI.
What is the trend direction for SRI stock?
The current trend direction for STONERIDGE INC (SRI) is Bearish.
What is the RSI signal for STONERIDGE INC (SRI) stock?
STONERIDGE INC (SRI) has an RSI value of 41.5318. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STONERIDGE INC?
The short term momentum for STONERIDGE INC (SRI) is negative.
Can you provide the support and resistance levels for STONERIDGE INC?
STONERIDGE INC (SRI) has a support level at 6.76 and a resistance level at 7.13. Check the full technical report for our detailed analysis of SRI support and resistance levels.