STEELCASE INC-CL A (SCS)

US8581552036 - Common Stock

12.1  -0.32 (-2.58%)

After market: 12.1 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to SCS. Although SCS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Looking at the yearly performance, SCS did better than 85% of all other stocks. On top of that, SCS also shows a nice and consistent pattern of rising prices.
SCS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SCS is performing more or less in line with the market.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SCS is an average performer in the Commercial Services & Supplies industry, it outperforms 65% of 84 stocks in the same industry.
In the last month SCS has a been trading in the 11.54 - 13.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SCS Weekly chart
SCS Daily chart
Setup Rating and Analysis

6

SCS has an average technical rating and also 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.

Support and Resistance Analysis

7.27

14.25

We found 2 important support areas.

  • A support zone ranging from 11.81 to 12.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.34 from a trend line in the weekly time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 12.46 to 12.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @13.00 from a trend line in the weekly time frame.
  • Resistance @13.41 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 13.75 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.59
Mansfield0.44
10 Day High12.53
10 Day Low11.78
20 Day High13.3
20 Day Low11.54
52 Week High14.54
52 Week Low6.39
Performance
1 Week2.37%
2 Weeks-0.41%
1 Month-4.72%
3 Month-6.35%
6 Month16.8%
12 Month51.25%
2 Year3.15%
3 Year-12.32%
5 Year-30.02%
10 Year-26.58%
15 Year167.11%
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)-0.01
RSI(14)42.95
LBB11.5
UBB12.96
SCS Daily chart

STEELCASE INC-CL A

NYSE:SCS (4/24/2024, 8:27:16 PM)

After market: 12.1 0 (0%)

12.1

-0.32 (-2.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.58%
1 Week2.37%
2 Weeks-0.41%
1 Month-4.72%
3 Month-6.35%
6 Month16.8%
12 Month51.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%2.69%
ATR Inc
Range Today0.39
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 High12.53
10 Day Low11.78
20 Day High13.3
20 Day Low11.54
52 Week High14.54
52 Week Low6.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume783.50K
Volume Incr-44.39%
Vol(5)600.42K
Vol(50)844.16K