SRM ENTERTAINMENT INC (SRM) Stock Technical Analysis
NASDAQ:SRM - Nasdaq - US85237B1017 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SRM. Recently some decent action could be observed, but in the medium term time frame this is still negative. SRM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SRM is a bad performer in the overall market: 85% of all stocks are doing better.
SRM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
SRM is part of the Leisure Products industry. There are 31 other stocks in this industry, SRM did better than 43% of them.
In the last month SRM has a been trading in the 0.26 - 0.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SRM has a poor technical rating and the quality of the setup is also only medium 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
0.39
0.95
When analyzing the support we notice one important area.
- A support zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- Resistance @0.44 from a trend line in the weekly time frame.
- Resistance @0.46 from a horizontal line in the daily time frame.
- Resistance @0.59 from a trend line in the weekly time frame.
- Resistance @0.73 from a trend line in the daily time frame.
- Resistance @0.94 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.74
Mansfield-4.73
10 Day High0.52
10 Day Low0.28
20 Day High0.52
20 Day Low0.26
52 Week High1.66
52 Week Low0.26
Performance
1 Week1.42%
2 Weeks22.26%
1 Month6.93%
3 Month13.86%
6 Month-52.26%
12 Month-71.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.1
LBB0.26
UBB0.47
0.401
-0.01 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-2.22%
1 Week1.42%
2 Weeks22.26%
1 Month6.93%
3 Month13.86%
6 Month-52.26%
12 Month-71.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%14.68%
ATR Inc-41.72%
Range Today0.03
ADR(20)0.06
ADR(20)%14.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.74
Mansfield-4.73
10 Day High0.52
10 Day Low0.28
20 Day High0.52
20 Day Low0.26
52 Week High1.66
52 Week Low0.26
CS1 End0.39
CR1 Start0.44
Volume & EV
DER(3)8.56%
DER(5)8.11%
Volume228.90K
Volume Incr-30.47%
Vol(5)327.88K
Vol(50)632.00K