STEVEN MADDEN LTD (SHOO)
US5562691080 - Common Stock
Taking everything into account, SHOO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHOO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SHOO did better than 82% of all other stocks.
SHOO is part of the Textiles, Apparel & Luxury Goods industry. There are 49 other stocks in this industry. SHOO outperforms 72% of them.
SHOO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SHOO has a been trading in the 31.56 - 38.09 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, SHOO 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 37.79. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
30.32
38.23
We found 5 important support areas.
- A support zone ranging from 34.56 to 35.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.29 to 33.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.54 from a trend line in the daily time frame.
- A support zone ranging from 31.34 to 31.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @30.63 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.79 to 37.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.91
Mansfield0.35
10 Day High38.1
10 Day Low34.92
20 Day High38.1
20 Day Low31.56
52 Week High38.1
52 Week Low29.92
Performance
1 Week2.44%
2 Weeks11.15%
1 Month16.75%
3 Month7.67%
6 Month15.71%
12 Month7.79%
2 Year-20.38%
3 Year20.05%
5 Year17.22%
10 Year45.46%
15 Year1017.83%
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)0.24
RSI(14)71.34
LBB32.84
UBB39.14
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 |
|---|---|---|---|
| 37.86 | 34.91 | 2.95 (7.79%) | 12.83% |
| An entry @37.86. This is a Buy Stop order right above the resistance zone. | An exit @34.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.95 points, which is 7.79%. | For a 1.00% total portfolio risk, you can invest 12.83% 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.
STEVEN MADDEN LTD
NASDAQ:SHOO (11/28/2023, 7:00:02 PM)
After market: 37.78 0 (0%)37.78
-0.06 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.16%
1 Week2.44%
2 Weeks11.15%
1 Month16.75%
3 Month7.67%
6 Month15.71%
12 Month7.79%
2 Year-20.38%
3 Year20.05%
5 Year17.22%
10 Year45.46%
15 Year1017.83%
Volatility
ATR(14)1.15
ATR(20)%2.94%
ATR Inc-10.23%
Range Today0.59
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.91
Mansfield0.35
10 Day High38.1
10 Day Low34.92
20 Day High38.1
20 Day Low31.56
52 Week High38.1
52 Week Low29.92
CS1 End35.29
CR1 Start37.79
Volume & EV
DER(3)-3.84%
DER(5)-2.44%
Volume370.80K
Volume Incr-34.29%
Vol(5)398.34K
Vol(50)541.86K