Sportradar Group AG (SRAD) has exhibited a clear bearish trend over the recent period. The stock has declined sharply, with a 29.87% drop in the short term and trading near the bottom of its 52-week range of 11.69-32.22. Price action shows consistent lower highs and lows, reinforced by high volatility as indicated by ATR(14) at 0.4454. The ADX(14) reading of 51.778 suggests a strong directional trend, currently downward.
All moving averages signal sell conditions for SRAD. The simple and exponential MAs from MA5 (15.58 SMA / 15.47 EMA) to MA200 (17.56 SMA / 17.24 EMA) are declining and positioned well above the current price around 13.77. This alignment indicates sustained downward pressure, with no bullish crossovers evident. The 20-day MA at 16.74 and 50-day at 17.61 further highlight the intermediate-term weakness.
Momentum indicators reflect oversold territory amid ongoing selling. The RSI(14) at 21.321 points to extreme oversold levels, potentially signaling exhaustion in the downmove. MACD(12,26) stands at -0.46 with a sell signal, while Stochastic %K at 41.47 and %D at 60.53 show bearish divergence. Williams %R at -88.235 and CCI(14) at -194.88 underscore the intensity of the decline. These readings suggest caution for further downside but no immediate reversal confirmation.
Trading volume has surged, reaching 16.46 million shares against an average of 2.56 million, coinciding with the sharp price drop from a previous close of 16.84. This spike indicates heightened trader interest and potential capitulation. Historic volatility at 105.07% over 14 days aligns with the elevated activity, pointing to unusual market behavior in recent sessions.
Pivot analysis identifies the classic pivot at 15.01, with immediate support at S1 14.41 and S2 14.02, aligning with the day's low near 13.71. Resistance begins at R1 15.40, followed by R2 16.00. Fibonacci pivots reinforce S1 at 14.63 and R1 at 15.39. These zones represent critical areas where price has tested or rejected in recent action.
Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to analyze vast amounts of market data, technical indicators, and price patterns, generating actionable buy or sell signals for stocks like SRAD. These signals draw from trend recognition, historical pattern behavior, and momentum shifts to help traders pinpoint potential entry and exit points, validate trend directions, and enhance decision-making processes. By processing complex datasets in real-time, the AI provides objective insights that complement manual chart analysis. Traders often use these signals to confirm setups or avoid false breakouts. Explore the latest signals for informed trading strategies.
Traders are monitoring SRAD for stabilization near supports at 13.71-14.02, with potential bounces toward the 15.01 pivot if oversold conditions ease. Resistance at 15.40-16.00 will test any recovery attempts. Key indicators like RSI for divergence, MACD for crossovers, and volume for confirmation remain in focus. A break below S3 13.41 could accelerate the downtrend, while holding above S1 might signal short-term consolidation.
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full Disclaimers and Limitations.
A.I.dvisor indicates that over the last year, SRAD has been loosely correlated with COIN. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if SRAD jumps, then COIN could also see price increases.
| Ticker / NAME | Correlation To SRAD | 1D Price Change % | ||
|---|---|---|---|---|
| SRAD | 100% | -5.72% | ||
| COIN - SRAD | 45% Loosely correlated | -0.41% | ||
| APP - SRAD | 45% Loosely correlated | +3.80% | ||
| AVPT - SRAD | 43% Loosely correlated | +0.28% | ||
| CORZ - SRAD | 43% Loosely correlated | +1.40% | ||
| CLSK - SRAD | 43% Loosely correlated | +1.92% | ||
More | ||||
| Ticker / NAME | Correlation To SRAD | 1D Price Change % |
|---|---|---|
| SRAD | 100% | -5.72% |
| Technology Services category (401 stocks) | 18% Poorly correlated | -0.96% |
| Packaged Software category (230 stocks) | 17% Poorly correlated | -1.35% |