STRIVE INC - ASST 12 1/2 PERP (SATA) Technical Analysis
NASDAQ:SATA • US8629452017
Current stock price
SATA Technical Rating and Analysis
Overall SATA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SATA is a bad performer.
- When comparing the yearly performance of all stocks, SATA is a bad performer in the overall market: 100% of all stocks are doing better.
- SATA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 90% of 187 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month SATA has a been trading in a tight range between 96.50 and 100.01.
SATA Weekly and Daily overview Charts
SATA Setup Rating and Analysis
Besides having an excellent technical rating, SATA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 99.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.28, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SATA Support and Resistance Analysis
87.81
2 important support areas can be observed.
- A support zone ranging from 96.72 to 99.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @88.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 99.87 to 100.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
SATA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SATA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SATA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SATA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SATA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SATA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.34 | NEUTRAL | The RSI value for SATA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SATA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.4 | OVERBOUGHT | The high Stochastics value suggests SATA may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for SATA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for SATA suggests a weak or negative trend. |
SATA Chart- and CandleStick Pattern Analysis
SATA Example Setup
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 |
|---|---|---|---|
| 100.54 | 97.28 | 3.26 (3.24%) | 25.00% |
| An entry @100.54. This is a Buy Stop order right above the resistance zone. | An exit @97.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.26 points, which is 3.24%. | For a 0.81% total portfolio risk, you can invest 25.00% 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.
SATA Technicals: Chart, Performance Metrics, Trend & Indicators
99.86
-0.11 (-0.11%)
STRIVE INC - ASST 12 1/2 PERP / SATA TA FAQ
Can you provide the ChartMill technical rating for STRIVE INC - ASST 12 1/2 PERP?
ChartMill assigns a technical rating of 7 / 10 to SATA.
Can you provide the trend direction for STRIVE INC - ASST 12 1/2 PERP?
The current trend direction for STRIVE INC - ASST 12 1/2 PERP (SATA) is Bullish.
What is the RSI signal for SATA stock?
STRIVE INC - ASST 12 1/2 PERP (SATA) has an RSI value of 61.3402. This indicates that the stock is currently neutral.
What is the MACD signal for SATA stock?
The MACD indicator for STRIVE INC - ASST 12 1/2 PERP (SATA) has a value of 0.0181575, indicating a bearish trend.
What is the buy/sell signal for STRIVE INC - ASST 12 1/2 PERP (SATA) stock?
The buy/sell signal for STRIVE INC - ASST 12 1/2 PERP (SATA) is buy as both the short term and long term trends are positive.