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SUPERIOR DRILLING PRODUCTS I (SDPI) Stock Technical Analysis

NYSEARCA:SDPI - NYSE Arca - US8681531070 - Common Stock - Currency: USD

1.01  +0.01 (+1.5%)

After market: 0.995 -0.02 (-1.49%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SDPI. SDPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

82% of all other stocks performed better in the past year than SDPI.
In the last month SDPI has a been trading in the 0.99 - 1.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
SDPI is an average performer in the Energy Equipment & Services industry, it outperforms 44% of 59 stocks in the same industry.
SDPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SDPI is lagging the market.
Weekly and Daily overview Charts
SUPERIOR DRILLING PRODUCTS I / SDPI Weekly stock chart
SUPERIOR DRILLING PRODUCTS I / SDPI Daily stock chart
Setup Rating and Analysis

1

The technical rating of SDPI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.63

1.34

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.73 from a trend line in the daily time frame.
  • Support @0.64 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.27 from a trend line in the weekly time frame.
  • Resistance @1.33 from a horizontal line in the daily time frame.
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
CRS18.8
Mansfield-0.39
10 Day High1.29
10 Day Low1
20 Day High1.29
20 Day Low1
52 Week High1.47
52 Week Low0.58
Performance
1 Week-19.2%
2 Weeks-18.55%
1 Month-16.53%
3 Month-18.55%
6 Month41.04%
12 Month-19.2%
2 Year14.59%
3 Year40.65%
5 Year7.89%
10 Year-83.76%
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)-0.03
RSI(14)28.11
LBB1
UBB1.4
SUPERIOR DRILLING PRODUCTS I / SDPI Daily stock chart

SUPERIOR DRILLING PRODUCTS I

NYSEARCA:SDPI (7/31/2024, 8:04:00 PM)

After market: 0.995 -0.02 (-1.49%)

1.01

+0.01 (+1.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.5%
1 Week-19.2%
2 Weeks-18.55%
1 Month-16.53%
3 Month-18.55%
6 Month41.04%
12 Month-19.2%
2 Year14.59%
3 Year40.65%
5 Year7.89%
10 Year-83.76%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.5%
ATR Inc-3.37%
Range Today0.01
ADR(20)0.06
ADR(20)%6.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.8
Mansfield-0.39
10 Day High1.29
10 Day Low1
20 Day High1.29
20 Day Low1
52 Week High1.47
52 Week Low0.58
CS1 End1
CR1 Start1.23
Volume & EV
DER(3)-3.71%
DER(5)-2.43%
Volume112.70K
Volume Incr207.1%
Vol(5)114.98K
Vol(50)49.51K