SRM ENTERTAINMENT INC (SRM) Stock Technical Analysis
NASDAQ:SRM - Nasdaq - US85237B1017 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SRM. Both in the recent history as in the last year, SRM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SRM is one of the better performing stocks in the Leisure Products industry, it outperforms 100% of 30 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SRM has an average volume of 8306270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SRM did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SRM is lagging the market.
In the last month SRM has a been trading in the 0.54 - 12.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SRM 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
8.59
8.77
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 | 99.89 | POSITIVE | SRM has a high relative strength, it outperformed 99.89% 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) | 69.73 | NEUTRAL | The RSI value for SRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests SRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.22 | NEUTRAL | The Stochastics value for SRM is a neutral value. |
| Average True Range in percent/ATR (20) | 15.31 | HIGH VOLATILITY | The high ATR as a percentage value for SRM suggests high volalility. |
| Average Directional Index/ADX (14) | 72.62 | POSITIVE | The high ADX value value for SRM suggests a strong trend. |
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)
8.68
+0.78 (+9.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg9.87%
1 Week12.29%
2 Weeks934.56%
1 Month1279.97%
3 Month1816.11%
6 Month1311.38%
12 Month588.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%15.31%
ATR Inc5.07%
Range Today1.5
ADR(20)1.13
ADR(20)%13.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.89
Mansfield71.54
10 Day High12.8
10 Day Low0.81
20 Day High12.8
20 Day Low0.54
52 Week High12.8
52 Week Low0.26
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.13%
DER(5)-0.1%
Volume5.93M
Volume Incr52.55%
Vol(5)22.26M
Vol(50)8.31M