SECUREWORKS CORP - A (SCWX)
US81374A1051 - Common Stock
We assign a technical rating of 6 out of 10 to SCWX. Although SCWX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SCWX did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SCWX is an average performer in the Software industry, it outperforms 48% of 280 stocks in the same industry.
SCWX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCWX is lagging the market.
In the last month SCWX has a been trading in a tight range between 8.43 and 8.50.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SCWX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SCWX 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
5.61
8.95
We found 4 important support areas.
- A support zone ranging from 8.25 to 8.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.16 from a horizontal line in the daily time frame.
- Support @6.00 from a trend line in the weekly time frame.
- Support @5.67 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.45 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.73 to 8.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.01
Mansfield0.58
10 Day High8.48
10 Day Low8.43
20 Day High8.5
20 Day Low8.43
52 Week High9.76
52 Week Low5.61
Performance
1 Week-0.12%
2 Weeks-0.12%
1 Month-0.12%
3 Month3.43%
6 Month17.39%
12 Month17.88%
2 Year5.24%
3 Year-42.78%
5 Year-46.34%
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)-0.01
RSI(14)51.39
LBB8.44
UBB8.47
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 |
|---|---|---|---|
| 8.46 | 8.42 | 0.04 (0.51%) | 25.00% |
| An entry @8.46. This is a Buy Stop order right above the 10 day moving average. | An exit @8.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 0.51%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.13%. |
- 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.
SECUREWORKS CORP - A
NASDAQ:SCWX (1/6/2025, 7:04:09 PM)
After market: 8.4495 +0.01 (+0.11%)8.44
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-0.12%
2 Weeks-0.12%
1 Month-0.12%
3 Month3.43%
6 Month17.39%
12 Month17.88%
2 Year5.24%
3 Year-42.78%
5 Year-46.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.32%
ATR Inc-23.29%
Range Today0.02
ADR(20)0.03
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.01
Mansfield0.58
10 Day High8.48
10 Day Low8.43
20 Day High8.5
20 Day Low8.43
52 Week High9.76
52 Week Low5.61
CS1 End8.44
CR1 Start8.45
Volume & EV
DER(3)3.98%
DER(5)3.3%
Volume136.17K
Volume Incr7.11%
Vol(5)166.20K
Vol(50)270.88K