We assign a technical rating of 0 out of 10 to SURG. 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.
Although the technical rating is bad, SURG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
1.46
We found 2 important support areas.
7 important resistance areas can be observed.
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 | 14.61 | NEGATIVE | SURG has a low relative strength, it was outperformed by 85.39% 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) | UP | MIXED | The current price of SURG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.37 | NEUTRAL | The RSI value for SURG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SURG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.76 | NEUTRAL | The Stochastics value for SURG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.1 | HIGH VOLATILITY | The high ATR as a percentage value for SURG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.1 | NEGATIVE | The low ADX value for SURG suggests a weak or negative trend. |
1.67
-0.03 (-1.76%)
ChartMill assigns a technical rating of 0 / 10 to SURG.
The current trend direction for SURGEPAYS INC (SURG) is Bearish.
SURGEPAYS INC (SURG) has an RSI value of 43.3661. This indicates that the stock is currently neutral.
The MACD indicator for SURGEPAYS INC (SURG) has a value of 0.0246351, indicating a bearish trend.
SURGEPAYS INC (SURG) has a support level at 1.51 and a resistance level at 1.77. Check the full technical report for our detailed analysis of SURG support and resistance levels.