STITCH FIX INC-CLASS A (SFIX) Stock Technical Analysis
USA - NASDAQ:SFIX - US8608971078 - Common Stock
5.46 USD
-0.1 (-1.8%)
5.52 USD
+0.06 (+1.1%)
We assign a technical rating of 10 out of 10 to SFIX. Both in the recent history as in the last year, SFIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SFIX did better than 94% of all other stocks. We also observe that the gains produced by SFIX over the past year are nicely spread over this period.
SFIX is part of the Specialty Retail industry. There are 122 other stocks in this industry. SFIX outperforms 95% of them.
SFIX has an average volume of 2146890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SFIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SFIX is lagging the market.
In the last month SFIX has a been trading in the 4.95 - 5.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SFIX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SFIX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
3.21
5.90
4 important support areas can be observed.
- A support zone ranging from 5.45 to 5.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.29 from a trend line in the daily time frame.
- Support @4.27 from a trend line in the weekly time frame.
- Support @3.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.47 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.79 to 5.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 SFIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFIX is up. |
| ChartMill Relative Strength | 94.45 | POSITIVE | SFIX has a high relative strength, it outperformed 94.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SFIX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SFIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SFIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.13 | NEUTRAL | The RSI value for SFIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SFIX has a negative trend. |
| Stochastics (14,3) | 53.13 | NEUTRAL | The Stochastics value for SFIX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for SFIX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.85 | POSITIVE | The high ADX value value for SFIX suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 5.60 | 5.44 | 0.16 (2.86%) | 25.00% |
| An entry @5.60. This is a Buy Stop order right above the resistance zone. | An exit @5.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 2.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of SFIX. Please evaluate whether better entry and exit points can be found.
- 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.
5.46
-0.1 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.8%
1 Week-0.36%
2 Weeks-6.35%
1 Month7.27%
3 Month54.67%
6 Month68%
12 Month92.25%
2 Year58.26%
3 Year38.23%
5 Year-79.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%5.14%
ATR Inc59%
Range Today0.42
ADR(20)0.27
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.45
Mansfield1.79
10 Day High5.94
10 Day Low5.26
20 Day High5.94
20 Day Low4.95
52 Week High6.99
52 Week Low2.53
CS1 End5.45
CR1 Start5.47
Volume & EV
DER(3)3.87%
DER(5)2.76%
Volume3.89M
Volume Incr51.44%
Vol(5)3.14M
Vol(50)2.15M