SURO CAPITAL CORP (SSSS) Technical Analysis
NASDAQ:SSSS • US86887Q1094
Current stock price
SSSS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SSSS. Both in the recent history as in the last year, SSSS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SSSS is one of the better performing stocks in the market, outperforming 93% of all stocks.
- SSSS is one of the better performing stocks in the Capital Markets industry, it outperforms 95% of 240 stocks in the same industry.
- SSSS is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SSSS is leading the market.
- In the last month SSSS has a been trading in the 8.46 - 10.74 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SSSS Weekly and Daily overview Charts
SSSS Setup Rating and Analysis
Although SSSS has an excellent technical rating, it does not offer a high quality setup 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
SSSS Support and Resistance Analysis
5.41
When analyzing the support we can see 6 important areas.
- A support zone ranging from 10.07 to 10.08. 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 9.58 to 9.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.27 from a trend line in the weekly time frame.
- A support zone ranging from 8.84 to 8.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong support @8.64 from a horizontal line in the daily time frame.
- Support @5.46 from a trend line in the weekly time frame.
SSSS Technical Indicator Signal Analysis
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 SSSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSSS is up. |
| ChartMill Relative Strength | 93.36 | POSITIVE | SSSS has a high relative strength, it outperformed 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.09 | NEUTRAL | The RSI value for SSSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SSSS has a positive trend. |
| Stochastics (14,3) | 65.76 | NEUTRAL | The Stochastics value for SSSS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for SSSS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.03 | NEGATIVE | The low ADX value for SSSS suggests a weak or negative trend. |
SSSS Chart- and CandleStick Pattern Analysis
SSSS Technicals: Chart, Performance Metrics, Trend & Indicators
10.71
+0.77 (+7.75%)
SURO CAPITAL CORP / SSSS TA FAQ
Can you provide the ChartMill technical rating for SURO CAPITAL CORP?
ChartMill assigns a technical rating of 10 / 10 to SSSS.
What is the trend direction for SSSS stock?
The current trend direction for SURO CAPITAL CORP (SSSS) is Bullish.
What is the RSI signal for SSSS stock?
SURO CAPITAL CORP (SSSS) has an RSI value of 62.0921. This indicates that the stock is currently neutral.
What is the MACD signal for SURO CAPITAL CORP (SSSS) stock?
The MACD indicator for SURO CAPITAL CORP (SSSS) has a value of 0.0469483, indicating a bearish trend.
What is the support and resistance level for SSSS stock?
SURO CAPITAL CORP (SSSS) has a support level at 10.08. Check the full technical report for our detailed analysis of SSSS support and resistance levels.