SRX HEALTH SOLUTIONS INC (SRXH) Stock Technical Analysis
USA - NYSEARCA:SRXH - US08771Y4026 - Common Stock
0.3299 USD
-0.03 (-9.57%)
0.3246 USD
-0.01 (-1.61%)
Taking everything into account, SRXH scores 1 out of 10 in our technical rating. SRXH 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
99% of all other stocks performed better in the past year than SRXH.
SRXH is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 94% of 39 stocks in the same industry do better.
SRXH 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.
SRXH has an average volume of 16341000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SRXH has a been trading in the 0.29 - 0.40 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.
SRXH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.30
0.37
When analyzing the support we can see 3 important areas.
- Support @0.33 from a trend line in the daily time frame.
- Support @0.31 from a trend line in the weekly time frame.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @0.37 from a horizontal 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 SRXH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRXH is neutral. |
| ChartMill Relative Strength | 1.56 | NEGATIVE | SRXH has a low relative strength, it was outperformed by 98.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SRXH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRXH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRXH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.92 | NEUTRAL | The RSI value for SRXH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SRXH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.75 | NEUTRAL | The Stochastics value for SRXH is a neutral value. |
| Average True Range in percent/ATR (20) | 10.24 | HIGH VOLATILITY | The high ATR as a percentage value for SRXH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for SRXH suggests a possible start of a new 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)
0.3299
-0.03 (-9.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-9.57%
1 Week-5.55%
2 Weeks0.55%
1 Month7.81%
3 Month-40.14%
6 Month-80.71%
12 Month-80.82%
2 Year54.23%
3 Year-67.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%10.24%
ATR Inc41.66%
Range Today0.02
ADR(20)0.03
ADR(20)%9.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.56
Mansfield-7.69
10 Day High0.39
10 Day Low0.3
20 Day High0.4
20 Day Low0.3
52 Week High2.67
52 Week Low0.27
CS1 End0.33
CR1 Start0.37
Volume & EV
DER(3)-5.65%
DER(5)-8.2%
Volume560.80K
Volume Incr-16.88%
Vol(5)643.86K
Vol(50)16.34M