As of 01/29/2026
  Indus: 49,072 +55.96 +0.1%  
  Trans: 18,379 +233.89 +1.3%  
  Utils: 1,093 +1.72 +0.2%  
  Nasdaq: 23,685 -172.33 -0.7%  
  S&P 500: 6,969 -9.02 -0.1%  
YTD
 +2.1%  
 +5.9%  
 +2.3%  
 +1.9%  
 +1.8%  
  Targets    Overview: 01/15/2026  
  Up arrow50,500 or 48,000 by 02/01/2026
  Up arrow19,400 or 17,750 by 02/01/2026
  Up arrow1,140 or 1,075 by 02/01/2026
  Up arrow24,750 or 22,700 by 02/01/2026
  Up arrow7,250 or 6,700 by 02/01/2026
As of 01/29/2026
  Indus: 49,072 +55.96 +0.1%  
  Trans: 18,379 +233.89 +1.3%  
  Utils: 1,093 +1.72 +0.2%  
  Nasdaq: 23,685 -172.33 -0.7%  
  S&P 500: 6,969 -9.02 -0.1%  
YTD
 +2.1%  
 +5.9%  
 +2.3%  
 +1.9%  
 +1.8%  
  Targets    Overview: 01/15/2026  
  Up arrow50,500 or 48,000 by 02/01/2026
  Up arrow19,400 or 17,750 by 02/01/2026
  Up arrow1,140 or 1,075 by 02/01/2026
  Up arrow24,750 or 22,700 by 02/01/2026
  Up arrow7,250 or 6,700 by 02/01/2026

Bulkowski's Surmodics (SRDX) Support/Resistance Quiz

Released 4/1/2022.

SRDX: Quiz

Below is a support and resistance quiz. Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.


1 / 6
chart pattern

In the above chart, price is about to tumble. Where will it stop? Where will it pause before continuing on?

The answers are on the next slide.
2 / 6
chart pattern

The red lines show support as the stock drops. The green lines show overhead resistance on the way back up. If you guessed nearly any price in the top half of the chart, you weren't far from a turning point.

More on the next slide.
3 / 6
chart pattern

This chart shows the round numbers in red (20, 30, 40, and 50) and green shows the 5s: 25, 35, 45 and 55. Notice how often price stalls near round numbers. The semi log scale is used.

More on the next slide.
4 / 6
chart pattern

Price is about to move up. Where will it stall or reverse?

The answer is on the next slide.
5 / 6
chart pattern

The red lines show downward turning points, green lines show upward ones.

See the next slide for round number support and resistance.
6 / 6
chart pattern

Red lines show round numbers in multiples of 10, such as 20, 30, 40. Green lines are the 5s, such as 25, 35, and 45. Notice how often price turns near round numbers.

The End.

See Also

 
Top of page
 

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books
Invest for Two-Comma Wealth Second Edition Coming!
My Novels
Orb Foresight Rewrite Coming!

Copyright © 2005-2026 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.
Home Advertise Contact Privacy/Disclaimer