NASDAQ:SRM - Nasdaq - US85237B1017 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to SRM. In the last year, SRM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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.
0.73
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 SRM is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRM is up. |
ChartMill Relative Strength | 91.85 | POSITIVE | SRM has a high relative strength, it outperformed 91.85% 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) | DOWN | MIXED | The current price of SRM is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 76.73 | OVERBOUGHT | The high RSI value suggests SRM may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SRM has a positive trend. |
Stochastics (14,3) | 76.02 | NEUTRAL | The Stochastics value for SRM is a neutral value. |
Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for SRM suggests high volalility. |
Average Directional Index/ADX (14) | 51.02 | POSITIVE | The high ADX value value for SRM suggests a strong trend. |
0.7526
+0.14 (+22.57%)