Technical Analysis for SDRMU - Sandridge Mississippian Trust

Grade Last Price % Change Price Change
grade D 0.11 -5.25% -0.0061
SDRMU closed down 5.25 percent on Friday, February 21, 2020, on 20 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical SDRMU trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Doji - Bullish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -5.25%
50 DMA Resistance Bearish -5.25%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -5.25%
Outside Day Range Expansion -5.25%
Oversold Stochastic Weakness -5.25%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -8.33%
Narrow Range Bar Range Contraction -8.33%
Older signals for SDRMU ...

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Profile

SandRidge Mississippian Trust II holds royalty interests in oil and natural gas properties. The company's properties are located in the Mississippian formation in Alfalfa, Grant, Kay, Noble, and Woods counties in northern Oklahoma and Barber; and Comanche, Harper, and Sumner counties in southern Kansas. As of December 31, 2018, its properties consisted of royalty interests in the initial wells and 173 additional wells. The company was founded in 2011 and is based in Houston, Texas.
Oil Natural Gas Properties Oklahoma Sandridge Energy

Is SDRMU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.185
52 Week Low 0.0723
Average Volume 154,035
200-Day Moving Average 0.0000
50-Day Moving Average 0.1295
20-Day Moving Average 0.1242
10-Day Moving Average 0.1215
Average True Range 0.0241
ADX 22.05
+DI 10.6029
-DI 9.5040
Chandelier Exit (Long, 3 ATRs ) 0.1127
Chandelier Exit (Short, 3 ATRs ) 0.1823
Upper Bollinger Band 0.1407
Lower Bollinger Band 0.1077
Percent B (%b) 0.07
BandWidth 26.5700
MACD Line -0.0025
MACD Signal Line -0.0006
MACD Histogram -0.0019
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.1324
Resistance 3 (R3) 0.1348 0.1299 0.1286
Resistance 2 (R2) 0.1299 0.1242 0.1286 0.1274
Resistance 1 (R1) 0.1199 0.1207 0.1175 0.1175 0.1261
Pivot Point 0.1150 0.1150 0.1137 0.1137 0.1150
Support 1 (S1) 0.1050 0.1093 0.1026 0.1026 0.0939
Support 2 (S2) 0.1001 0.1058 0.0988 0.0926
Support 3 (S3) 0.0901 0.1001 0.0914
Support 4 (S4) 0.0877