SURROZEN INC (SRZN) Technical Analysis
NASDAQ:SRZN • US86889P2083
Taking everything into account, SRZN scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, SRZN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- SRZN is part of the Biotechnology industry. There are 519 other stocks in this industry. SRZN outperforms 81% of them.
- SRZN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SRZN is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that SRZN is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month SRZN has a been trading in the 23.55 - 29.59 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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
15.13
When analyzing the support we can see 3 important areas.
- Support @22.71 from a trend line in the daily time frame.
- Support @16.04 from a trend line in the weekly time frame.
- Support @15.28 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 | NEUTRAL | NEUTRAL | The short term trend for SRZN is neutral. |
| ChartMill Relative Strength | 94.28 | POSITIVE | SRZN has a high relative strength, it outperformed 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SRZN is below 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) | 50.75 | NEUTRAL | The RSI value for SRZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests SRZN has a negative trend. |
| Stochastics (14,3) | 54.23 | NEUTRAL | The Stochastics value for SRZN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.25 | HIGH VOLATILITY | The high ATR as a percentage value for SRZN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.94 | POSITIVE | The high ADX value value for SRZN suggests a strong 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 |
|---|---|---|---|
| 29.61 | 24.09 | 5.52 (18.63%) | 5.37% |
| An entry @29.61. This is a Buy Stop order right above the 10 day high. | An exit @24.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.52 points, which is 18.63%. | For a 1.00% total portfolio risk, you can invest 5.37% of your capital in this trade. |
- 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.
SRZN Technicals: Chart, Performance Metrics, Trend & Indicators
25.9
-1.05 (-3.91%)
SURROZEN INC / SRZN FAQ
What is the ChartMill technical rating of SURROZEN INC (SRZN) stock?
ChartMill assigns a technical rating of 8 / 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 50.7467. 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 neutral.
Can you provide the support and resistance levels for SURROZEN INC?
SURROZEN INC (SRZN) has a support level at 22.71. Check the full technical report for our detailed analysis of SRZN support and resistance levels.