Svmk Inc (SVMK) Technical Analysis
NASDAQ:SVMK
Current stock price
SVMK Technical Rating and Analysis
Taking everything into account, SVMK scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SVMK was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SVMK is a bad performer in the overall market: 77% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- SVMK is one of the better performing stocks in the Software industry, it outperforms 73% of 275 stocks in the same industry.
- In the last month SVMK has a been trading in the 17.68 - 21.57 range, which is quite wide. It is currently trading near the high of this range.
- SVMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SVMK is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SVMK Weekly and Daily overview Charts
SVMK Setup Rating and Analysis
SVMK has an average technical rating and it also does not offer a high 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
SVMK Support and Resistance Analysis
18.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.52 to 19.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.82 to 18.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.56 to 21.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
SVMK 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 | NEUTRAL | NEUTRAL | The long term trend for SVMK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVMK is up. |
| ChartMill Relative Strength | 23.63 | NEGATIVE | SVMK has a low relative strength, it was outperformed by 76.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVMK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVMK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVMK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.77 | OVERBOUGHT | The high RSI value suggests SVMK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SVMK has a positive trend. |
| Stochastics (14,3) | 98.31 | OVERBOUGHT | The high Stochastics value suggests SVMK may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SVMK suggests some volalility. |
SVMK Chart- and CandleStick Pattern Analysis
SVMK Technicals: Chart, Performance Metrics, Trend & Indicators
21.55
+0.26 (+1.22%)
Svmk Inc / SVMK TA FAQ
Can you provide the ChartMill technical rating for Svmk Inc?
ChartMill assigns a technical rating of 5 / 10 to SVMK.
What is the trend direction for SVMK stock?
The current trend direction for Svmk Inc (SVMK) is Bearish.
What is the RSI signal for Svmk Inc (SVMK) stock?
Svmk Inc (SVMK) has an RSI value of 74.7737. This indicates that the stock is currently overbought.
What is the MACD signal for Svmk Inc (SVMK) stock?
The MACD indicator for Svmk Inc (SVMK) has a value of 0.195036, indicating a bearish trend.