SCHOLAR ROCK HOLDING CORP (SRRK) Technical Analysis
NASDAQ:SRRK • US80706P1030
Current stock price
40.01 USD
-1.79 (-4.28%)
At close:
38.83 USD
-1.18 (-2.95%)
After Hours:
SRRK Technical Rating and Analysis
Overall SRRK gets a technical rating of 1 out of 10. SRRK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SRRK has a been trading in the 39.79 - 48.77 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SRRK has an average volume of 1107120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 46% of all stocks.
- SRRK is an average performer in the Biotechnology industry, it outperforms 51% of 518 stocks in the same industry.
- SRRK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SRRK is lagging the market slightly.
SRRK Weekly and Daily overview Charts
SRRK Setup Rating and Analysis
The technical rating of SRRK is bad and it also does not present a 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
SRRK Support and Resistance Analysis
28.28
48.43
2 important support areas can be observed.
- Support @35.92 from a trend line in the weekly time frame.
- Support @28.57 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 44.79 to 45.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.87 from a horizontal line in the daily time frame.
- Resistance @47.95 from a horizontal line in the daily time frame.
SRRK Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SRRK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRRK is down. |
| ChartMill Relative Strength | 46.15 | 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) | DOWN | NEGATIVE | The current price of SRRK is below a declining 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) | 33.77 | NEUTRAL | The RSI value for SRRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests SRRK has a negative trend. |
| Stochastics (14,3) | 7.75 | OVERSOLD | The low Stochastics value suggests SRRK may be oversold. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for SRRK suggests high volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for SRRK suggests a weak or negative trend. |
SRRK Chart- and CandleStick Pattern Analysis
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)
SRRK Technicals: Chart, Performance Metrics, Trend & Indicators
40.01
-1.79 (-4.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.28%
1 Week-11.66%
2 Weeks-9.62%
1 Month-14.25%
3 Month-14.64%
6 Month26.33%
12 Month15.64%
2 Year125.28%
3 Year400.13%
5 Year-21.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.52
ATR(20)%5.8%
ATR Inc-5.1%
Range Today3.06
ADR(20)2.24
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.15
3 months CRS23.44
6 months CRS89.36
Mansfield0.5
10 Day High48.19
10 Day Low39.79
20 Day High48.77
20 Day Low39.79
52 Week High49.82
52 Week Low22.71
CS1 End35.92
CR1 Start44.79
Volume & EV
DER(3)-2.39%
DER(5)-1.18%
Volume1.08M
Volume Incr-6.59%
Vol(5)1.12M
Vol(50)1.11M
SCHOLAR ROCK HOLDING CORP / SRRK TA FAQ
What is the technical rating for SRRK stock?
ChartMill assigns a technical rating of 1 / 10 to SRRK.
What is the trend direction for SRRK stock?
The current trend direction for SCHOLAR ROCK HOLDING CORP (SRRK) is Bearish.
What is the RSI signal for SCHOLAR ROCK HOLDING CORP (SRRK) stock?
SCHOLAR ROCK HOLDING CORP (SRRK) has an RSI value of 33.7739. 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 -0.623775, indicating a bearish trend.