STITCH FIX INC-CLASS A (SFIX) Stock Technical Analysis
NASDAQ:SFIX - Nasdaq - US8608971078 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SFIX. SFIX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that SFIX is one of the better performing stocks in the market, outperforming 93% of all stocks.
SFIX is one of the better performing stocks in the Specialty Retail industry, it outperforms 90% of 121 stocks in the same industry.
In the last month SFIX has a been trading in the 3.17 - 4.59 range, which is quite wide. It is currently trading near the high of this range.
SFIX has an average volume of 1939410 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 trading in the upper part of its 52 week range, so SFIX is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although SFIX has an excellent technical rating, it does not offer a high 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
2.80
4.49
When analyzing the support we can see 3 important areas.
- Support @4.10 from a horizontal line in the daily time frame.
- Support @2.96 from a trend line in the weekly time frame.
- A support zone ranging from 2.83 to 2.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.29 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.45 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 | NEUTRAL | NEUTRAL | The long term trend for SFIX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFIX is up. |
| ChartMill Relative Strength | 93.69 | POSITIVE | SFIX has a high relative strength, it outperformed 93.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFIX is above 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) | 65.88 | NEUTRAL | The RSI value for SFIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SFIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.85 | NEUTRAL | The Stochastics value for SFIX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for SFIX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.78 | 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)
4.29
+0.18 (+4.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.38%
1 Week1.18%
2 Weeks19.17%
1 Month30.79%
3 Month-14.54%
6 Month-0.92%
12 Month84.12%
2 Year19.5%
3 Year-49.35%
5 Year-81.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%5.33%
ATR Inc-17.62%
Range Today0.24
ADR(20)0.21
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.69
Mansfield0.8
10 Day High4.59
10 Day Low3.43
20 Day High4.59
20 Day Low3.18
52 Week High6.99
52 Week Low2.2
CS1 End4.1
CR1 Start4.29
Volume & EV
DER(3)5.2%
DER(5)3.68%
Volume920.20K
Volume Incr-35.6%
Vol(5)1.03M
Vol(50)1.94M