Soaring Eagle Acquisition Corp Cl A (SRNG) Stock Technical Analysis
USA - NASDAQ:SRNG -
Overall SRNG gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SRNG is a bad performer.
SRNG has an average technical rating and it also does not offer a high quality setup 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
9.66
When analyzing the support we notice one important area.
- A support zone ranging from 9.76 to 10.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.43 to 11.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SRNG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRNG is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SRNG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRNG is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 75.79 | OVERBOUGHT | The high RSI value suggests SRNG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SRNG has a positive trend. |
| Stochastics (14,3) | 70.5 | NEUTRAL | The Stochastics value for SRNG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for SRNG suggests some volalility. |
Soaring Eagle Acquisition Corp Cl A
NASDAQ:SRNG (9/16/2021, 8:07:35 PM)
After market: 11.75 +0.33 (+2.89%)11.42
+1.29 (+12.73%)
Soaring Eagle Acquisition Corp Cl A / SRNG FAQ
Can you provide the ChartMill technical rating for Soaring Eagle Acquisition Corp Cl A?
ChartMill assigns a technical rating of 5 / 10 to SRNG.
What is the current trend direction of Soaring Eagle Acquisition Corp Cl A (SRNG) stock?
The current trend direction for Soaring Eagle Acquisition Corp Cl A (SRNG) is Bullish.
Can you provide the RSI signal for Soaring Eagle Acquisition Corp Cl A?
Soaring Eagle Acquisition Corp Cl A (SRNG) has an RSI value of 75.7879. This indicates that the stock is currently overbought.
Can you provide the short term momentum for Soaring Eagle Acquisition Corp Cl A?
The short term momentum for Soaring Eagle Acquisition Corp Cl A (SRNG) is neutral.
Can you provide the support and resistance levels for Soaring Eagle Acquisition Corp Cl A?
Soaring Eagle Acquisition Corp Cl A (SRNG) has a support level at 10.02 and a resistance level at 11.43. Check the full technical report for our detailed analysis of SRNG support and resistance levels.