SUNCAR TECHNOLOGY GROUP IN-A (SDA)
KYG857271087 - Common Stock
Overall SDA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SDA is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, SDA outperforms 52% of them, which is more or less in line with the market.
SDA is part of the Diversified Consumer Services industry. There are 65 other stocks in this industry, SDA did better than 62% of them.
SDA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SDA is lagging the market slightly.
In the last month SDA has a been trading in the 8.97 - 11.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SDA 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 10.39. Right above this resistance zone may be a good entry point.
More info and screens
6.93
10.52
When analyzing the support we can see 5 important areas.
- Support @9.74 from a trend line in the daily time frame.
- Support @9.00 from a horizontal line in the daily time frame.
- Support @8.50 from a horizontal line in the daily time frame.
- Support @7.91 from a trend line in the daily time frame.
- Support @7.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.39 to 10.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.94
Mansfield1
10 Day High10.6
10 Day Low9.55
20 Day High11
20 Day Low8.97
52 Week High12.35
52 Week Low5.43
Performance
1 Week-1.09%
2 Weeks-3.56%
1 Month11.21%
3 Month28.13%
6 Month48.66%
12 Month-17.33%
2 YearN/A
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)-0.06
RSI(14)52.98
LBB9.65
UBB10.58
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 |
|---|---|---|---|
| 10.43 | 9.73 | 0.70 (6.71%) | 14.90% |
| An entry @10.43. This is a Buy Stop order right above the resistance zone. | An exit @9.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.70 points, which is 6.71%. | For a 1.00% total portfolio risk, you can invest 14.90% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SDA. Please evaluate whether better entry and exit points can be found.
- 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.
SUNCAR TECHNOLOGY GROUP IN-A
NASDAQ:SDA (9/6/2024, 8:00:02 PM)
10.02
+0.34 (+3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg3.51%
1 Week-1.09%
2 Weeks-3.56%
1 Month11.21%
3 Month28.13%
6 Month48.66%
12 Month-17.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%6.45%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.6
10 Day Low9.55
20 Day High11
20 Day Low8.97
52 Week High12.35
52 Week Low5.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume227.50K
Volume Incr-5.37%
Vol(5)226.90K
Vol(50)237.70K