SITEONE LANDSCAPE SUPPLY INC (SITE) Stock Technical Analysis
USA - NYSE:SITE - US82982L1035 - Common Stock
Taking everything into account, SITE scores 1 out of 10 in our technical rating. SITE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SITE has a bad technical rating, but it does show 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 128.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 126.12, a Stop Loss order could be placed below this zone.
More info and screens
114.61
2 important support areas can be observed.
- A support zone ranging from 122.07 to 126.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 115.77 to 119.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 128.25 to 129.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @132.16 from a horizontal line in the daily time frame.
- Resistance @148.71 from a trend line in the weekly time frame.
- Resistance @151.19 from a horizontal line in the weekly 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 SITE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SITE is neutral. |
| ChartMill Relative Strength | 22.96 | NEGATIVE | SITE has a low relative strength, it was outperformed by 77.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SITE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SITE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SITE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for SITE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests SITE has a positive trend. |
| Stochastics (14,3) | 30.07 | NEUTRAL | The Stochastics value for SITE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for SITE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for SITE suggests a weak or negative trend. |
127.02
+0.61 (+0.48%)
SITEONE LANDSCAPE SUPPLY INC / SITE FAQ
What is the ChartMill technical rating of SITEONE LANDSCAPE SUPPLY INC (SITE) stock?
ChartMill assigns a technical rating of 1 / 10 to SITE.
What is the trend direction for SITE stock?
The current trend direction for SITEONE LANDSCAPE SUPPLY INC (SITE) is Bearish.
What is the RSI signal for SITE stock?
SITEONE LANDSCAPE SUPPLY INC (SITE) has an RSI value of 52.6123. This indicates that the stock is currently neutral.
What is the short term momentum for SITEONE LANDSCAPE SUPPLY INC (SITE) stock?
The short term momentum for SITEONE LANDSCAPE SUPPLY INC (SITE) is neutral.