Overall SRRK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRRK is showing a nice and steady performance.
Besides having an excellent technical rating, SRRK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
26.23
When analyzing the support we can see 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SRRK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRRK is up. |
| ChartMill Relative Strength | 83.96 | POSITIVE | SRRK has a high relative strength, it outperformed 83.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRRK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRRK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for SRRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests SRRK has a negative trend. |
| Stochastics (14,3) | 46.79 | NEUTRAL | The Stochastics value for SRRK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SRRK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for SRRK suggests a strong trend. |
45.2
+1.3 (+2.96%)
ChartMill assigns a technical rating of 9 / 10 to SRRK.
The current trend direction for SCHOLAR ROCK HOLDING CORP (SRRK) is Bullish.
SCHOLAR ROCK HOLDING CORP (SRRK) has an RSI value of 58.0429. This indicates that the stock is currently neutral.
The MACD indicator for SCHOLAR ROCK HOLDING CORP (SRRK) has a value of -0.541619, indicating a bearish trend.
The short term momentum for SCHOLAR ROCK HOLDING CORP (SRRK) is positive.