SRM ENTERTAINMENT INC (SRM)

US85237B1017 - Common Stock

0.736  +0.03 (+3.56%)

After market: 1.2997 +0.56 (+76.59%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to SRM. SRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SRM is a bad performer in the overall market: 95% of all stocks are doing better.
SRM is part of the Leisure Products industry. There are 31 other stocks in this industry, of which 80% are performing better than SRM.
SRM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month SRM has a been trading in the 0.64 - 0.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SRM Weekly chart
SRM Daily chart
Setup Rating and Analysis

6

SRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SRM 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.
Support and Resistance Analysis

0.64

1.03

We found 2 important support areas.

  • Support @0.67 from a horizontal line in the daily time frame.
  • A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 0.74 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.02 from a trend 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
CRS5
Mansfield-5.55
10 Day High0.84
10 Day Low0.64
20 Day High0.84
20 Day Low0.64
52 Week High3.49
52 Week Low0.61
Performance
1 Week9.52%
2 Weeks2.22%
1 Month0.14%
3 Month-41.12%
6 Month-49.59%
12 Month-51.26%
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)0.01
RSI(14)50.34
LBB0.66
UBB0.76
SRM Daily chart

SRM ENTERTAINMENT INC

NASDAQ:SRM (10/21/2024, 8:00:00 PM)

After market: 1.2997 +0.56 (+76.59%)

0.736

+0.03 (+3.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg3.56%
1 Week9.52%
2 Weeks2.22%
1 Month0.14%
3 Month-41.12%
6 Month-49.59%
12 Month-51.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%8.48%
ATR Inc
Range Today0.06
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 High0.84
10 Day Low0.64
20 Day High0.84
20 Day Low0.64
52 Week High3.49
52 Week Low0.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.94M
Volume Incr2674.85%
Vol(5)1.63M
Vol(50)276.11K