PALLADYNE AI CORP (STRC) Stock Technical Analysis
NASDAQ:STRC - Nasdaq - US80359A2050 - Common Stock - Currency: USD
Taking everything into account, STRC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STRC is showing a nice and steady performance.
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.
The long and short term trends are both positive. This is looking good!
STRC is one of the better performing stocks in the Machinery industry, it outperforms 96% of 129 stocks in the same industry.
In the last month STRC has a been trading in the 1.26 - 2.62 range, which is quite wide. It is currently trading near the high of this range.
STRC has an average volume of 1185940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that STRC is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
STRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STRC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although STRC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.72
2.48
We found 1 important support area.
- Support @1.74 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield6.15
10 Day High2.62
10 Day Low1.67
20 Day High2.62
20 Day Low1.26
52 Week High3.25
52 Week Low0.4
Performance
1 Week35.91%
2 Weeks23%
1 Month23%
3 Month262.3%
6 Month236.8%
12 Month-10.54%
2 Year-91.28%
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
RSI(14)66.13
LBB1.46
UBB2.43
PALLADYNE AI CORP
NASDAQ:STRC (4/5/2024, 8:22:08 PM)
After market: 2.29 -0.17 (-6.91%)2.46
+0.53 (+27.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg27.46%
1 Week35.91%
2 Weeks23%
1 Month23%
3 Month262.3%
6 Month236.8%
12 Month-10.54%
2 Year-91.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%13.74%
ATR Inc36.61%
Range Today0.76
ADR(20)0.34
ADR(20)%13.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.21
Mansfield6.15
10 Day High2.62
10 Day Low1.67
20 Day High2.62
20 Day Low1.26
52 Week High3.25
52 Week Low0.4
CS1 End1.74
CR1 StartN/A
Volume & EV
DER(3)4.53%
DER(5)1.93%
Volume1.69M
Volume Incr-44.53%
Vol(5)618.30K
Vol(50)1.19M