SURFACE ONCOLOGY INC (SURF) Stock Technical Analysis
NASDAQ:SURF - Nasdaq - US86877M2098 - Common Stock - Currency: USD
Taking everything into account, SURF scores 8 out of 10 in our technical rating. Although SURF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
SURF is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 557 stocks in the same industry.
In the last month SURF has a been trading in the 0.83 - 1.12 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SURF did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SURF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SURF is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although SURF has an excellent technical rating, it does not present a decent entry opportunity 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
0.88
1.10
We found 3 important support areas.
- Support @1.01 from a horizontal line in the daily time frame.
- A support zone ranging from 0.94 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.09 to 1.09. 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 SURF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SURF is up. |
| ChartMill Relative Strength | 78.67 | POSITIVE | SURF has a high relative strength, it outperformed 78.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SURF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SURF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SURF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.5 | NEUTRAL | The RSI value for SURF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SURF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.82 | NEUTRAL | The Stochastics value for SURF is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for SURF suggests high volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for SURF suggests a weak or negative 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)
1.07
-0.01 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.93%
1 Week0.47%
2 Weeks12.63%
1 Month16.3%
3 Month38.96%
6 Month57.93%
12 Month-21.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.54%
ATR Inc64.34%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.67
Mansfield1.11
10 Day High1.12
10 Day Low0.92
20 Day High1.12
20 Day Low0.83
52 Week High1.43
52 Week Low0.56
CS1 End1.01
CR1 Start1.09
Volume & EV
DER(3)6.9%
DER(5)0.3%
Volume1.51M
Volume Incr128.46%
Vol(5)667.90K
Vol(50)410.02K