We assign a technical rating of 8 out of 10 to SSSS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
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5.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.82 to 8.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.64 from a horizontal line in the daily time frame.
- Support @5.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.20 to 10.23. 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 SSSS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSSS is down. |
| ChartMill Relative Strength | 91.8 | POSITIVE | SSSS has a high relative strength, it outperformed 91.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSSS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SSSS is below 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) | 46.51 | NEUTRAL | The RSI value for SSSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SSSS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.03 | NEUTRAL | The Stochastics value for SSSS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for SSSS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.05 | POSITIVE | The high ADX value value for SSSS suggests a strong trend. |
9.17
+0.27 (+3.03%)
SURO CAPITAL CORP / SSSS FAQ
What is the technical rating for SSSS stock?
ChartMill assigns a technical rating of 8 / 10 to SSSS.
What is the current trend direction of SURO CAPITAL CORP (SSSS) stock?
The current trend direction for SURO CAPITAL CORP (SSSS) is Bullish.
Can you provide the RSI signal for SURO CAPITAL CORP?
SURO CAPITAL CORP (SSSS) has an RSI value of 46.5066. This indicates that the stock is currently neutral.
What is the short term momentum for SSSS stock?
The short term momentum for SURO CAPITAL CORP (SSSS) is negative.
Can you provide the support and resistance levels for SURO CAPITAL CORP?
SURO CAPITAL CORP (SSSS) has a support level at 8.98 and a resistance level at 10.2. Check the full technical report for our detailed analysis of SSSS support and resistance levels.