Taking everything into account, SRZN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRZN is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SRZN is one of the better performing stocks in the market, outperforming 95% of all stocks.
- SRZN is part of the Biotechnology industry. There are 523 other stocks in this industry. SRZN outperforms 86% of them.
- SRZN 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 SRZN is lagging the market slightly.
- In the last month SRZN has a been trading in the 16.75 - 25.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SRZN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SRZN 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
14.42
We found 4 important support areas.
- A support zone ranging from 20.72 to 21.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.82 to 19.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.19 from a trend line in the weekly time frame.
- Support @14.57 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 | UP | POSITIVE | The long term trend for SRZN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRZN is up. |
| ChartMill Relative Strength | 95.69 | POSITIVE | SRZN has a high relative strength, it outperformed 95.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRZN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRZN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRZN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.9 | NEUTRAL | The RSI value for SRZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SRZN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.86 | NEUTRAL | The Stochastics value for SRZN is a neutral value. |
| Average True Range in percent/ATR (20) | 10.2 | HIGH VOLATILITY | The high ATR as a percentage value for SRZN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for SRZN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 25.48 | 20.71 | 4.77 (18.72%) | 5.34% |
| An entry @25.48. This is a Buy Stop order right above the 10 day high. | An exit @20.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.77 points, which is 18.72%. | When investing 5.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
22.14
-0.66 (-2.89%)
SURROZEN INC / SRZN FAQ
What is the ChartMill technical rating of SURROZEN INC (SRZN) stock?
ChartMill assigns a technical rating of 10 / 10 to SRZN.
What is the current trend direction of SURROZEN INC (SRZN) stock?
The current trend direction for SURROZEN INC (SRZN) is Bullish.
Can you provide the RSI signal for SURROZEN INC?
SURROZEN INC (SRZN) has an RSI value of 53.9011. This indicates that the stock is currently neutral.
What is the short term momentum for SRZN stock?
The short term momentum for SURROZEN INC (SRZN) is positive.
Can you provide the support and resistance levels for SURROZEN INC?
SURROZEN INC (SRZN) has a support level at 21.25. Check the full technical report for our detailed analysis of SRZN support and resistance levels.