NASDAQ:SCR - Nasdaq -
We assign a technical rating of 7 out of 10 to SCR. Although SCR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, SCR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
33.26
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
35.98 | 34.26 | 1.72 (4.78%) | 20.92% |
An entry @35.98. This is a Buy Stop order right above the resistance zone. | An exit @34.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.72 points, which is 4.78%. | When investing 20.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
35.58
-0.02 (-0.06%)