SURFACE ONCOLOGY INC (SURF) Technical Analysis
NASDAQ:SURF • US86877M2098
Current stock price
SURF Technical Rating and Analysis
Overall SURF gets a technical rating of 8 out of 10. 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!
- 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.
- When comparing the yearly performance of all stocks, we notice that SURF is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SURF is an average performer in the Biotechnology industry, it outperforms 61% of 517 stocks in the same industry.
- 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.
SURF Weekly and Daily overview Charts
SURF Setup Rating and Analysis
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
SURF Support and Resistance Analysis
0.88
When analyzing the support we can see 3 important 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.
We found 1 important resistance 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.
SURF 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 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. |
SURF Chart- and CandleStick Pattern Analysis
SURF Technicals: Chart, Performance Metrics, Trend & Indicators
1.07
-0.01 (-0.93%)
SURFACE ONCOLOGY INC / SURF TA FAQ
Can you provide the ChartMill technical rating for SURFACE ONCOLOGY INC?
ChartMill assigns a technical rating of 8 / 10 to SURF.
What is the trend direction for SURF stock?
The current trend direction for SURFACE ONCOLOGY INC (SURF) is Bullish.
Can you provide the RSI signal for SURFACE ONCOLOGY INC?
SURFACE ONCOLOGY INC (SURF) has an RSI value of 61.4965. This indicates that the stock is currently neutral.
What is the short term momentum for SURF stock?
The short term momentum for SURFACE ONCOLOGY INC (SURF) is positive.
What is the buy/sell signal for SURFACE ONCOLOGY INC (SURF) stock?
The buy/sell signal for SURFACE ONCOLOGY INC (SURF) is buy as both the short term and long term trends are positive.