SAREPTA THERAPEUTICS INC (SRPT) Stock Technical Analysis
USA - NASDAQ:SRPT - US8036071004 - Common Stock
17.43 USD
-1.09 (-5.89%)
18.45 USD
+1.02 (+5.85%)
Taking everything into account, SRPT scores 0 out of 10 in our technical rating. SRPT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SRPT is a bad performer in the overall market: 98% of all stocks are doing better.
SRPT is part of the Biotechnology industry. There are 538 other stocks in this industry, of which 84% are performing better than SRPT.
SRPT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
SRPT has an average volume of 13906100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SRPT has a been trading in the 16.85 - 20.35 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.
Although the technical rating is bad, SRPT does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.88
22.26
When analyzing the support we can see 2 important areas.
- Support @17.39 from a horizontal line in the weekly time frame.
- Support @17.05 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.44 to 17.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 21.97 to 22.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SRPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRPT is neutral. |
| ChartMill Relative Strength | 2.73 | NEGATIVE | SRPT has a low relative strength, it was outperformed by 97.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.87 | NEUTRAL | The RSI value for SRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SRPT has a negative trend. |
| Stochastics (14,3) | 29.59 | NEUTRAL | The Stochastics value for SRPT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for SRPT suggests high volalility. |
| Average Directional Index/ADX (14) | 7.22 | NEGATIVE | The low ADX value for SRPT suggests a weak or negative 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)
17.43
-1.09 (-5.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.89%
1 Week0.23%
2 Weeks-6.84%
1 Month-13.11%
3 Month-13.2%
6 Month-76.48%
12 Month-86.3%
2 Year-85.62%
3 Year-84.23%
5 Year-87.59%
10 Year-45.72%
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%6.2%
ATR Inc37.8%
Range Today1.32
ADR(20)1.06
ADR(20)%6.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.73
Mansfield-7.92
10 Day High18.84
10 Day Low16.85
20 Day High20.35
20 Day Low16.85
52 Week High138.81
52 Week Low10.42
CS1 End17.39
CR1 Start17.44
Volume & EV
DER(3)-0.48%
DER(5)0%
Volume6.86M
Volume Incr-20.91%
Vol(5)6.37M
Vol(50)13.91M