PALLADYNE AI CORP (STRC) Stock Technical Analysis
NASDAQ:STRC - Nasdaq - US80359A2050 - Common Stock - Currency: USD
Overall STRC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, STRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
STRC is part of the Machinery industry. There are 127 other stocks in this industry. STRC outperforms 96% of them.
In the last month STRC has a been trading in the 1.26 - 2.62 range, which is quite wide. It is currently trading near the high of this range.
STRC has an average volume of 1185940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that STRC is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
STRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STRC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although STRC 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
1.72
2.48
We found 1 important support area.
- Support @1.74 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 STRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STRC is up. |
| ChartMill Relative Strength | 98.21 | POSITIVE | STRC has a high relative strength, it outperformed 98.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.13 | NEUTRAL | The RSI value for STRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STRC has a positive trend. |
| Stochastics (14,3) | 71.28 | NEUTRAL | The Stochastics value for STRC is a neutral value. |
| Average True Range in percent/ATR (20) | 13.74 | HIGH VOLATILITY | The high ATR as a percentage value for STRC suggests high volalility. |
| Average Directional Index/ADX (14) | 52.49 | POSITIVE | The high ADX value value for STRC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.46
+0.53 (+27.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg27.46%
1 Week35.91%
2 Weeks23%
1 Month23%
3 Month262.3%
6 Month236.8%
12 Month-10.54%
2 Year-91.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%13.74%
ATR Inc36.61%
Range Today0.76
ADR(20)0.34
ADR(20)%13.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield6.15
10 Day High2.62
10 Day Low1.67
20 Day High2.62
20 Day Low1.26
52 Week High3.25
52 Week Low0.4
CS1 End1.74
CR1 StartN/A
Volume & EV
DER(3)4.53%
DER(5)1.93%
Volume1.69M
Volume Incr-44.53%
Vol(5)618.30K
Vol(50)1.19M