NYSE:STAG may be ready to breakout.

STAG INDUSTRIAL INC (STAG)       35.38   -0.22 (-0.62%)


News Image
NYSE:STAG may be ready to breakout.7 days ago - Chartmill

A possible breakout setup was detected on STAG INDUSTRIAL INC (NYSE:STAG) by our stockscreener. A breakout pattern is formed when a stock consolidates after a strong rise up. We note that this pattern is detected purely based on technical analysis and whether the breakout actually materializes remains to be seen. It could be interesting to keep an eye on NYSE:STAG.

STAG Daily chart on 2023-01-25

Technical analysis of NYSE:STAG

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Overall STAG gets a technical rating of 8 out of 10. Although STAG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • The long and short term trends are both positive. This is looking good!
  • STAG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
  • When comparing the performance of all stocks over the past year, STAG turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
  • STAG is an average performer in the Equity Real Estate Investment Trusts (REITs) industry, it outperforms 57% of 217 stocks in the same industry.
  • STAG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

How does the Setup look for NYSE:STAG

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:STAG scores a 9 out of 10:

Besides having an excellent technical rating, STAG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.0. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for STAG in the last couple of days, which is a good sign.

Trading breakout setups.

A breakout could materialize when the stock breaks out to new highs above the current consolidation zone. One could wait for this to happen and buy when this happens. A stop loss could be placed below the consolidation zone.

This article should in no way be interpreted as trading advice. You should always make your own analysis and trade or not trade based on your own observations and style. The article is based purely on some technical observations.

Our Breakout analyzer lists more breakout setups and is updated daily.

Back

STAG Links

STAG News

News Image3 days ago - InvestorPlace7 Monthly Dividend Stocks to Help Pay Your Bills

If you have some bills that need paying down amid this inflationary headwind, these monthly dividend stocks may help.

News Image7 days ago - ChartmillNYSE:STAG may be ready to breakout.News Image11 days ago - The Motley FoolGot $12,500? Here's How to Turn It Into $50 in Monthly Passive Income

These companies send their investors money each month.

News Image11 days ago - The Motley FoolThese 3 Dividend Stocks Could Be Smart Buys In 2023

These dividend payers could be great value buys for long-term income and growth.

News Image15 days ago - STAG Industrial, Inc.STAG INDUSTRIAL ANNOUNCES TAX TREATMENT OF 2022 DIVIDENDS

/PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced the tax treatment of its 2022 dividends to holders of its common stock. The...

News Image17 days ago - The Motley FoolIf You Invested $1,000 in Stag Industrial in 2011, This Is How Much You Would Have Today

This logistics warehouse specialist has outperformed both its biggest competitor and the broader market for more than a decade.

News Image21 days ago - STAG Industrial, Inc.STAG INDUSTRIAL ANNOUNCES COMMON STOCK DIVIDENDS

/PRNewswire/ -- The Board of Directors of STAG Industrial, Inc. (the "Company") (NYSE:STAG) increased the monthly common stock dividend to $0.122500, which...

News Image23 days ago - The Motley FoolWhy Stag Industrial Stock Lost 32% in 2022

Investors are worried the Federal Reserve's moves to cool the economy will stunt demand for warehouse space.

News Imagea month ago - STAG Industrial, Inc.STAG INDUSTRIAL TO REPORT FOURTH QUARTER AND FULL YEAR 2022 RESULTS FEBRUARY 15, 2023

/PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced that the Company will release its fourth quarter and full year 2022...

News Imagea month ago - InvestorPlaceThe 7 Best Monthly Dividend Stocks to Start the New Year Right

With a possibly wild year ahead of us in 2023, investors may take comfort in the consistency of the best monthly dividend stocks.

News Imagea month ago - Market News VideoSTAG Industrial Larger Than S&P 500 Component Generac HoldingsNews Image2 months ago - The Motley Fool3 Wildly Undervalued Stocks to Buy Hand Over Fist

These dividend stocks may not be on your radar yet. But given their attractive dividend yields and upside potential, they should be.

Follow us for more