SURGEPAYS INC (SURG) Technical Analysis
NASDAQ:SURG • US86882L2043
Current stock price
0.8285 USD
+0.11 (+15.07%)
At close:
0.64 USD
-0.19 (-22.75%)
Pre-Market:
SURG Technical Rating and Analysis
Overall SURG gets a technical rating of 0 out of 10. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SURG is a bad performer in the overall market: 98% of all stocks are doing better.
- SURG is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 95% 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month SURG has a been trading in the 0.65 - 0.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SURG Weekly and Daily overview Charts
SURG Setup Rating and Analysis
The technical rating of SURG is bad and it also does not present a 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
SURG Support and Resistance Analysis
0.82
2.00
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.98 from a horizontal line in the weekly time frame.
SURG 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 | DOWN | NEGATIVE | The long term trend for SURG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SURG is neutral. |
| ChartMill Relative Strength | 2.9 | NEGATIVE | SURG has a low relative strength, it was outperformed by 97.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SURG is above 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) | 54.39 | NEUTRAL | The RSI value for SURG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SURG has a positive trend. |
| Stochastics (14,3) | 30.35 | NEUTRAL | The Stochastics value for SURG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.34 | HIGH VOLATILITY | The high ATR as a percentage value for SURG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for SURG suggests a possible start of a new trend. |
SURG Chart- and CandleStick Pattern Analysis
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)
SURG Technicals: Chart, Performance Metrics, Trend & Indicators
0.8285
+0.11 (+15.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg15.07%
1 Week18.36%
2 Weeks16.09%
1 Month-1.54%
3 Month-56.39%
6 Month-69.65%
12 Month-66.73%
2 Year-77.24%
3 Year-80.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%9.34%
ATR Inc97.35%
Range Today0.2
ADR(20)0.08
ADR(20)%9.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.9
3 months CRS3.16
6 months CRS4.18
Mansfield-6.42
10 Day High0.93
10 Day Low0.65
20 Day High0.95
20 Day Low0.65
52 Week High3.47
52 Week Low0.65
CS1 EndN/A
CR1 Start0.84
Volume & EV
DER(3)8.82%
DER(5)-4.53%
Volume1.42M
Volume Incr259.8%
Vol(5)357.68K
Vol(50)177.71K
SURGEPAYS INC / SURG TA 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 SURGEPAYS INC (SURG) stock?
SURGEPAYS INC (SURG) has an RSI value of 54.3871. This indicates that the stock is currently neutral.
What is the support and resistance level for SURG stock?
SURGEPAYS INC (SURG) has a resistance level at 0.84. Check the full technical report for our detailed analysis of SURG support and resistance levels.