42.18 USD
+0.51 (+1.22%)
42.2 USD
+0.02 (+0.05%)
Taking everything into account, SRRK scores 6 out of 10 in our technical rating. In the last year, SRRK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month SRRK has a been trading in the 41.00 - 48.28 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SRRK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SRRK is lagging the market slightly.
SRRK has an average volume of 1567970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SRRK turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
SRRK is part of the Biotechnology industry. There are 528 other stocks in this industry, SRRK did better than 56% of them.
SRRK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for SRRK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
28.02
47.35
We found 5 important support areas.
- Support @42.17 from a horizontal line in the weekly time frame.
- A support zone ranging from 40.70 to 41.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.50 from a trend line in the weekly time frame.
- Support @29.36 from a trend line in the daily time frame.
- Support @28.30 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @42.28 from a trend line in the daily time frame.
- A resistance zone ranging from 44.23 to 44.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 46.88 to 46.88. 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 SRRK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRRK is neutral. |
| ChartMill Relative Strength | 51.6 | NEUTRAL | SRRK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRRK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRRK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRRK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.84 | NEUTRAL | The RSI value for SRRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests SRRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.02 | NEUTRAL | The Stochastics value for SRRK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SRRK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for SRRK 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.29 | 42.16 | 0.13 (0.31%) | 25.00% |
| An entry @42.29. This is a Buy Stop order right above the resistance zone. | An exit @42.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 0.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The distance between exit and entry is rather small compared to the average daily movement of SRRK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
42.18
+0.51 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.22%
1 Week-1.45%
2 Weeks-8.02%
1 Month-6.37%
3 Month6.89%
6 Month12.66%
12 Month4.17%
2 Year202.37%
3 Year248.6%
5 Year-29.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%4.72%
ATR Inc43.88%
Range Today1.89
ADR(20)1.95
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.6
3 months CRS68.05
6 months CRS72.43
Mansfield0.57
10 Day High46.14
10 Day Low41
20 Day High48.28
20 Day Low41
52 Week High48.28
52 Week Low22.71
CS1 End42.17
CR1 Start42.28
Volume & EV
DER(3)5.75%
DER(5)3.31%
Volume948.10K
Volume Incr-4.39%
Vol(5)1.08M
Vol(50)1.57M
SCHOLAR ROCK HOLDING CORP / SRRK FAQ
What is the technical rating for SRRK stock?
ChartMill assigns a technical rating of 6 / 10 to SRRK.
What is the trend direction for SRRK stock?
The current trend direction for SCHOLAR ROCK HOLDING CORP (SRRK) is Bullish.
What is the RSI signal for SCHOLAR ROCK HOLDING CORP (SRRK) stock?
SCHOLAR ROCK HOLDING CORP (SRRK) has an RSI value of 47.8408. This indicates that the stock is currently neutral.
What is the MACD signal for SCHOLAR ROCK HOLDING CORP (SRRK) stock?
The MACD indicator for SCHOLAR ROCK HOLDING CORP (SRRK) has a value of -0.644881, indicating a bearish trend.