Taking everything into account, SRRK scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SRRK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SRRK has an excellent technical rating, it does not present a decent entry opportunity 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.
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26.23
When analyzing the support we can see 4 important areas.
- Support @30.22 from a trend line in the weekly time frame.
- Support @28.64 from a trend line in the daily time frame.
- A support zone ranging from 27.92 to 28.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.49 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for SRRK is up. |
| ChartMill Relative Strength | 86.08 | POSITIVE | SRRK has a high relative strength, it outperformed 86.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRRK is above the rising 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) | 73.83 | OVERBOUGHT | The high RSI value suggests SRRK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests SRRK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.38 | OVERBOUGHT | The high Stochastics value suggests SRRK may be overbought. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for SRRK suggests high volalility. |
| Average Directional Index/ADX (14) | 33 | POSITIVE | The high ADX value value for SRRK suggests a strong trend. |
44.06
+0.91 (+2.11%)
SCHOLAR ROCK HOLDING CORP / SRRK FAQ
What is the technical rating for SRRK stock?
ChartMill assigns a technical rating of 9 / 10 to SRRK.
What is the current trend direction of SCHOLAR ROCK HOLDING CORP (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 73.8284. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SCHOLAR ROCK HOLDING CORP?
The MACD indicator for SCHOLAR ROCK HOLDING CORP (SRRK) has a value of 1.18793, indicating a bullish trend.
Can you provide the short term momentum for SCHOLAR ROCK HOLDING CORP?
The short term momentum for SCHOLAR ROCK HOLDING CORP (SRRK) is positive.