US5562691080 - Common Stock
37.78 -0.06 (-0.16%)
After market: 37.78 0 (0%)
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.
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.
We found 5 important support areas.
We found 1 important resistance area.
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.
|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.|
STEVEN MADDEN LTD
NASDAQ:SHOO (11/28/2023, 7:00:02 PM)After market: 37.78 0 (0%)