SURROZEN INC (SRZN) Stock Technical Analysis
USA - NASDAQ:SRZN - US86889P2083 - Common Stock
Overall SRZN gets a technical rating of 7 out of 10. In the last year, SRZN was one of the better performers, but we do observe some doubts in the very recent evolution.
SRZN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.19, a Stop Loss order could be placed below this zone.
More info and screens
7.08
We found 3 important support areas.
- A support zone ranging from 12.08 to 12.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.79 from a horizontal line in the daily time frame.
- Support @7.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.01 to 14.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 88.58 | POSITIVE | SRZN has a high relative strength, it outperformed 88.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRZN is below a declining 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) | 50.83 | NEUTRAL | The RSI value for SRZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SRZN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.14 | NEUTRAL | The Stochastics value for SRZN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for SRZN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for SRZN suggests a possible start of a new 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 |
|---|---|---|---|
| 14.06 | 12.07 | 1.99 (14.15%) | 7.07% |
| An entry @14.06. This is a Buy Stop order right above the resistance zone. | An exit @12.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.99 points, which is 14.15%. | For a 1.00% total portfolio risk, you can invest 7.07% 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.
12.98
+0.86 (+7.1%)
SURROZEN INC / SRZN FAQ
What is the ChartMill technical rating of SURROZEN INC (SRZN) stock?
ChartMill assigns a technical rating of 7 / 10 to SRZN.
What is the trend direction for 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 50.8269. This indicates that the stock is currently neutral.
What is the MACD signal for SRZN stock?
The MACD indicator for SURROZEN INC (SRZN) has a value of -0.0993632, indicating a bearish trend.
Can you provide the short term momentum for SURROZEN INC?
The short term momentum for SURROZEN INC (SRZN) is neutral.