We assign a technical rating of 9 out of 10 to SRM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRM is showing a nice and steady performance.
Although SRM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.20
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 SRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRM is up. |
| ChartMill Relative Strength | 99.92 | POSITIVE | SRM has a high relative strength, it outperformed 99.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.42 | NEUTRAL | The RSI value for SRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.92 | NEUTRAL | The Stochastics value for SRM is a neutral value. |
| Average True Range in percent/ATR (20) | 16.53 | HIGH VOLATILITY | The high ATR as a percentage value for SRM suggests high volalility. |
| Average Directional Index/ADX (14) | 55.46 | POSITIVE | The high ADX value value for SRM suggests a strong trend. |
10.3
+3.58 (+53.27%)
SRM ENTERTAINMENT INC / SRM FAQ
Can you provide the ChartMill technical rating for SRM ENTERTAINMENT INC?
ChartMill assigns a technical rating of 9 / 10 to SRM.
Can you provide the trend direction for SRM ENTERTAINMENT INC?
The current trend direction for SRM ENTERTAINMENT INC (SRM) is Bullish.
What is the RSI signal for SRM stock?
SRM ENTERTAINMENT INC (SRM) has an RSI value of 67.4237. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SRM ENTERTAINMENT INC?
The short term momentum for SRM ENTERTAINMENT INC (SRM) is positive.
Can you provide the buy/sell signal for SRM ENTERTAINMENT INC?
The buy/sell signal for SRM ENTERTAINMENT INC (SRM) is buy as both the short term and long term trends are positive.