STITCH FIX INC-CLASS A (SFIX) Stock Technical Analysis
NASDAQ:SFIX • US8608971078
Taking everything into account, SFIX scores 0 out of 10 in our technical rating. SFIX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SFIX is a bad performer in the overall market: 87% of all stocks are doing better.
- SFIX is one of the lesser performing stocks in the Specialty Retail industry. 77% of 123 stocks in the same industry do better.
- SFIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SFIX has a been trading in the 3.25 - 5.68 range, which is quite wide. It is currently trading near the lows of this range.
- SFIX has an average volume of 2045140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SFIX is bad and it also does not present a quality setup 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
3.12
When analyzing the support we can see 2 important areas.
- Support @3.47 from a horizontal line in the weekly time frame.
- Support @3.15 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.38 to 4.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.32 from a trend line in the weekly time frame.
- Resistance @5.62 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for SFIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SFIX is down. |
| ChartMill Relative Strength | 13.18 | NEGATIVE | SFIX has a low relative strength, it was outperformed by 86.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SFIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SFIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SFIX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.09 | OVERSOLD | The low RSI value suggests SFIX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SFIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.67 | OVERSOLD | The low Stochastics value suggests SFIX may be oversold. |
| Average True Range in percent/ATR (20) | 9.62 | HIGH VOLATILITY | The high ATR as a percentage value for SFIX suggests high volalility. |
| Average Directional Index/ADX (14) | 40.47 | POSITIVE | The high ADX value value for SFIX suggests a strong trend. |
3.48
+0.05 (+1.46%)
STITCH FIX INC-CLASS A / SFIX FAQ
Can you provide the ChartMill technical rating for STITCH FIX INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to SFIX.
Can you provide the trend direction for STITCH FIX INC-CLASS A?
The current trend direction for STITCH FIX INC-CLASS A (SFIX) is Bearish.
What is the RSI signal for STITCH FIX INC-CLASS A (SFIX) stock?
STITCH FIX INC-CLASS A (SFIX) has an RSI value of 28.087. This indicates that the stock is currently oversold.
What is the buy/sell signal for STITCH FIX INC-CLASS A (SFIX) stock?
The buy/sell signal for STITCH FIX INC-CLASS A (SFIX) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SFIX stock?
STITCH FIX INC-CLASS A (SFIX) has a support level at 3.47 and a resistance level at 4.38. Check the full technical report for our detailed analysis of SFIX support and resistance levels.