SURGEPAYS INC (SURG) Technical Analysis
NASDAQ:SURG • US86882L2043
Current stock price
SURG Technical Rating and Analysis
Taking everything into account, SURG scores 1 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 96% 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. 90% of 22 stocks in the same industry do better.
- SURG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SURG is lagging the market.
- In the last month SURG has a been trading in the 0.75 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
SURG Weekly and Daily overview Charts
SURG Setup Rating and Analysis
Although the technical rating is bad, SURG does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for SURG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SURG Support and Resistance Analysis
0.80
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.85 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 4.49 | NEGATIVE | SURG has a low relative strength, it was outperformed by 95.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SURG is below the rising 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) | 39.21 | 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) | 49.77 | NEUTRAL | The Stochastics value for SURG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.69 | HIGH VOLATILITY | The high ATR as a percentage value for SURG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.97 | NEGATIVE | The low ADX value for SURG suggests a weak or negative trend. |
SURG Chart- and CandleStick Pattern Analysis
SURG Technicals: Chart, Performance Metrics, Trend & Indicators
0.81
-0.07 (-7.9%)
SURGEPAYS INC / SURG TA FAQ
Can you provide the ChartMill technical rating for SURGEPAYS INC?
ChartMill assigns a technical rating of 1 / 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 39.206. 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 0.0181369, indicating a bearish trend.
What are the support and resistance levels for SURGEPAYS INC (SURG) stock?
SURGEPAYS INC (SURG) has a resistance level at 0.85. Check the full technical report for our detailed analysis of SURG support and resistance levels.