SCHOLAR ROCK HOLDING CORP (SRRK) Stock Technical Analysis
USA - NASDAQ:SRRK - US80706P1030 - Common Stock
Overall SRRK gets a technical rating of 0 out of 10. SRRK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SRRK has a poor technical rating and the quality of the setup is also only medium 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
26.23
We found 2 important support areas.
- A support zone ranging from 27.92 to 28.03. 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.
4 important resistance areas can be observed.
- Resistance @28.20 from a trend line in the daily time frame.
- Resistance @30.50 from a horizontal line in the daily time frame.
- Resistance @38.89 from a trend line in the weekly time frame.
- Resistance @40.42 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for SRRK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRRK is down. |
| ChartMill Relative Strength | 24.8 | NEGATIVE | SRRK has a low relative strength, it was outperformed by 75.2% off all stocks 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) | DOWN | NEGATIVE | The current price of SRRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.27 | NEUTRAL | The RSI value for SRRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SRRK has a negative trend. |
| Stochastics (14,3) | 19.65 | OVERSOLD | The low Stochastics value suggests SRRK may be oversold. |
| Average True Range in percent/ATR (20) | 8.44 | HIGH VOLATILITY | The high ATR as a percentage value for SRRK suggests high volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for SRRK suggests a weak or negative trend. |
28.05
-0.73 (-2.54%)
SCHOLAR ROCK HOLDING CORP / SRRK FAQ
What is the technical rating for SRRK stock?
ChartMill assigns a technical rating of 0 / 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 Bearish.
What is the RSI signal for SCHOLAR ROCK HOLDING CORP (SRRK) stock?
SCHOLAR ROCK HOLDING CORP (SRRK) has an RSI value of 37.2672. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SCHOLAR ROCK HOLDING CORP?
The MACD indicator for SCHOLAR ROCK HOLDING CORP (SRRK) has a value of -0.134352, indicating a bearish trend.
Can you provide the short term momentum for SCHOLAR ROCK HOLDING CORP?
The short term momentum for SCHOLAR ROCK HOLDING CORP (SRRK) is negative.