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SOCIETAL CDMO INC (SCTL) Stock Technical Analysis

NASDAQ:SCTL - Nasdaq - US75629F1093 - Common Stock - Currency: USD

1.1  +0.01 (+0.92%)

After market: 1.09 -0.01 (-0.91%)

Technical Rating and Analysis

9

Taking everything into account, SCTL scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCTL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
SCTL is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 97% of 194 stocks in the same industry.
SCTL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SCTL is lagging the market slightly.
SCTL has an average volume of 1228890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SCTL is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SCTL has a been trading in a tight range between 1.06 and 1.10.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SOCIETAL CDMO INC / SCTL Weekly stock chart
SOCIETAL CDMO INC / SCTL Daily stock chart
Setup Rating and Analysis

8

SCTL has an excellent technical rating and 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 1.10. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.62

1.12

3 important support areas can be observed.

  • Support @1.07 from a horizontal line in the weekly time frame.
  • Support @1.05 from a horizontal line in the daily time frame.
  • Support @0.63 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.08
Mansfield4.7
10 Day High1.1
10 Day Low1.08
20 Day High1.1
20 Day Low1.06
52 Week High1.28
52 Week Low0.26
Performance
1 Week1.85%
2 Weeks3.77%
1 Month3.77%
3 Month239.51%
6 Month150%
12 Month2.8%
2 Year-19.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)74.11
LBB1.07
UBB1.11
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
1.121.070.06 (4.91%)20.36%
An entry @1.12. This is a Buy Stop order right above the resistance zone.An exit @1.06. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.06 points, which is 4.91%.For a 1.00% total portfolio risk, you can invest 20.36% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SOCIETAL CDMO INC / SCTL Daily stock chart

SOCIETAL CDMO INC

NASDAQ:SCTL (4/5/2024, 8:19:35 PM)

After market: 1.09 -0.01 (-0.91%)

1.1

+0.01 (+0.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.92%
1 Week1.85%
2 Weeks3.77%
1 Month3.77%
3 Month239.51%
6 Month150%
12 Month2.8%
2 Year-19.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.27%
ATR Inc-30%
Range Today0.01
ADR(20)0.01
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.08
Mansfield4.7
10 Day High1.1
10 Day Low1.08
20 Day High1.1
20 Day Low1.06
52 Week High1.28
52 Week Low0.26
CS1 End1.07
CR1 Start1.1
Volume & EV
DER(3)-2.49%
DER(5)-3.17%
Volume514.60K
Volume Incr-57.35%
Vol(5)558.72K
Vol(50)1.23M