STONERIDGE INC (SRI) Technical Analysis
NYSE:SRI • US86183P1021
We assign a technical rating of 8 out of 10 to SRI. In the last year, SRI was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month SRI has a been trading in the 7.26 - 9.71 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that SRI is one of the better performing stocks in the market, outperforming 88% of all stocks.
- SRI is part of the Automobile Components industry. There are 41 other stocks in this industry. SRI outperforms 75% of them.
- SRI is currently trading in the middle 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 slightly.
Although SRI has an excellent technical rating, it 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
5.59
3 important support areas can be observed.
- A support zone ranging from 7.48 to 7.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.81 from a trend line in the daily time frame.
- Support @5.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @8.53 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 | UP | POSITIVE | The long term trend for SRI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRI is neutral. |
| ChartMill Relative Strength | 88.55 | POSITIVE | SRI has a high relative strength, it outperformed 88.55% 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) | UP | POSITIVE | The current price of SRI is above the rising 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) | 45.65 | NEUTRAL | The RSI value for SRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.71 | OVERSOLD | The low Stochastics value suggests SRI may be oversold. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for SRI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for SRI suggests a strong trend. |
SRI Technicals: Chart, Performance Metrics, Trend & Indicators
7.49
-0.08 (-1.06%)
STONERIDGE INC / SRI FAQ
What is the technical rating for SRI stock?
ChartMill assigns a technical rating of 8 / 10 to SRI.
Can you provide the trend direction for STONERIDGE INC?
The current trend direction for STONERIDGE INC (SRI) is Bullish.
What is the RSI signal for STONERIDGE INC (SRI) stock?
STONERIDGE INC (SRI) has an RSI value of 45.6497. This indicates that the stock is currently neutral.
What is the MACD signal for SRI stock?
The MACD indicator for STONERIDGE INC (SRI) has a value of -0.177167, indicating a bearish trend.
Can you provide the support and resistance levels for STONERIDGE INC?
STONERIDGE INC (SRI) has a support level at 7.48 and a resistance level at 8.53. Check the full technical report for our detailed analysis of SRI support and resistance levels.