Taking everything into account, SURG scores 0 out of 10 in our technical rating. SURG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than SURG.
- SURG is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 85% of 22 stocks in the same industry do better.
- SURG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SURG has a been trading in the 1.09 - 2.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of SURG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.21
3 important resistance areas can be observed.
- A resistance zone ranging from 1.87 to 1.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.99 from a horizontal line in the daily time frame.
- Resistance @2.99 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for SURG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SURG is down. |
| ChartMill Relative Strength | 7.93 | NEGATIVE | SURG has a low relative strength, it was outperformed by 92.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SURG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SURG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SURG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.94 | NEUTRAL | The RSI value for SURG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SURG has a negative trend. |
| Stochastics (14,3) | 12.79 | OVERSOLD | The low Stochastics value suggests SURG may be oversold. |
| Average True Range in percent/ATR (20) | 13.5 | HIGH VOLATILITY | The high ATR as a percentage value for SURG suggests high volalility. |
| Average Directional Index/ADX (14) | 21.3 | NEUTRAL | The ADX value for SURG suggests a possible start of a new trend. |
1.22
-0.01 (-0.81%)
SURGEPAYS INC / SURG FAQ
Can you provide the ChartMill technical rating for SURGEPAYS INC?
ChartMill assigns a technical rating of 0 / 10 to SURG.
Can you provide the trend direction for SURGEPAYS INC?
The current trend direction for SURGEPAYS INC (SURG) is Bearish.
What is the RSI signal for SURG stock?
SURGEPAYS INC (SURG) has an RSI value of 30.9392. This indicates that the stock is currently neutral.
What is the MACD signal for SURGEPAYS INC (SURG) stock?
The MACD indicator for SURGEPAYS INC (SURG) has a value of -0.0622077, indicating a bearish trend.
What are the support and resistance levels for SURGEPAYS INC (SURG) stock?
SURGEPAYS INC (SURG) has a resistance level at 1.87. Check the full technical report for our detailed analysis of SURG support and resistance levels.