SRM ENTERTAINMENT INC (SRM)

US85237B1017 - Common Stock

0.678  -0.03 (-4.51%)

After market: 0.66 -0.02 (-2.65%)

Technical Rating and Analysis

0

Taking everything into account, SRM scores 0 out of 10 in our technical rating. SRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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 83% 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.
In the last month SRM has a been trading in the 0.55 - 0.97 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Weekly and Daily overview Charts
SRM Weekly chart
SRM Daily chart
Setup Rating and Analysis

5

SRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.69. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.67

0.88

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.72 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 0.74 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.87 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
CRS5.14
Mansfield-5.45
10 Day High0.72
10 Day Low0.55
20 Day High0.97
20 Day Low0.55
52 Week High3.2
52 Week Low0.55
Performance
1 Week10.32%
2 Weeks4.31%
1 Month-9.92%
3 Month-17.32%
6 Month-53.88%
12 Month-76.78%
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)50.17
LBB0.56
UBB0.72
SRM Daily chart

SRM ENTERTAINMENT INC

NASDAQ:SRM (11/22/2024, 8:06:18 PM)

After market: 0.66 -0.02 (-2.65%)

0.678

-0.03 (-4.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-4.51%
1 Week10.32%
2 Weeks4.31%
1 Month-9.92%
3 Month-17.32%
6 Month-53.88%
12 Month-76.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%12.52%
ATR Inc
Range Today0.09
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 High0.72
10 Day Low0.55
20 Day High0.97
20 Day Low0.55
52 Week High3.2
52 Week Low0.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume152.50K
Volume Incr-91.22%
Vol(5)147.34K
Vol(50)716.44K