STEVEN MADDEN LTD (SHOO)
US5562691080 - Common Stock
We assign a technical rating of 7 out of 10 to SHOO. In the last year, SHOO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SHOO is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, SHOO also shows a nice and consistent pattern of rising prices.
SHOO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHOO is lagging the market slightly.
In the last month SHOO has a been trading in the 37.99 - 42.81 range, which is quite wide. It is currently trading near the high of this range.
SHOO is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 68% of 51 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
SHOO has an excellent technical rating, but the quality of the setup is only medium 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
31.03
44.85
5 important support areas can be observed.
- A support zone ranging from 40.51 to 41.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.76 from a trend line in the daily time frame.
- A support zone ranging from 38.54 to 39.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.65 from a trend line in the weekly time frame.
- Support @31.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @43.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.41 to 44.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.49
Mansfield-0.12
10 Day High42.81
10 Day Low39.7
20 Day High42.81
20 Day Low37.99
52 Week High45.63
52 Week Low29.92
Performance
1 Week0.7%
2 Weeks5.23%
1 Month6.49%
3 Month-5.02%
6 Month14.01%
12 Month34.47%
2 Year12.05%
3 Year0.63%
5 Year37.67%
10 Year96.14%
15 Year674.81%
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)0.21
RSI(14)55.79
LBB39.13
UBB42.97
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.45 | 40.50 | 2.95 (6.79%) | 14.73% |
| An entry @43.45. This is a Buy Stop order right above the resistance zone. | An exit @40.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.95 points, which is 6.79%. | For a 1.00% total portfolio risk, you can invest 14.73% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STEVEN MADDEN LTD
NASDAQ:SHOO (5/17/2024, 7:26:12 PM)
After market: 41.66 0 (0%)41.66
-0.11 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.26%
1 Week0.7%
2 Weeks5.23%
1 Month6.49%
3 Month-5.02%
6 Month14.01%
12 Month34.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.98
ATR(20)%2.35%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.81
10 Day Low39.7
20 Day High42.81
20 Day Low37.99
52 Week High45.63
52 Week Low29.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume400.40K
Volume Incr-21.82%
Vol(5)498.22K
Vol(50)820.46K