SURGEPAYS INC (SURG) Stock Technical Analysis
USA - NASDAQ:SURG - US86882L2043 - Common Stock
We assign a technical rating of 3 out of 10 to SURG. Although SURG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
2.38
We found 1 important support area.
- A support zone ranging from 2.40 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.43 to 2.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.70 to 2.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.84 to 2.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.04 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 | NEUTRAL | NEUTRAL | The long term trend for SURG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SURG is neutral. |
| ChartMill Relative Strength | 89.71 | POSITIVE | SURG has a high relative strength, it outperformed 89.71% 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) | UP | MIXED | The current price of SURG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.61 | NEUTRAL | The RSI value for SURG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SURG has a negative trend. |
| Stochastics (14,3) | 50.85 | NEUTRAL | The Stochastics value for SURG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.37 | HIGH VOLATILITY | The high ATR as a percentage value for SURG suggests high volalility. |
| Average Directional Index/ADX (14) | 14.82 | NEGATIVE | The low ADX value for SURG suggests a weak or negative trend. |
2.43
-0.42 (-14.74%)
SURGEPAYS INC / SURG FAQ
Can you provide the ChartMill technical rating for SURGEPAYS INC?
ChartMill assigns a technical rating of 3 / 10 to SURG.
What is the current trend direction of SURGEPAYS INC (SURG) stock?
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 41.6105. This indicates that the stock is currently neutral.
What is the MACD signal for SURG stock?
The MACD indicator for SURGEPAYS INC (SURG) has a value of -0.0115208, indicating a bearish trend.