SITEONE LANDSCAPE SUPPLY INC (SITE) Stock Technical Analysis
NYSE:SITE - New York Stock Exchange, Inc. - US82982L1035 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SITE. SITE'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SITE is a bad performer in the overall market: 75% of all stocks are doing better.
SITE is part of the Trading Companies & Distributors industry. There are 47 other stocks in this industry, of which 67% are performing better than SITE.
SITE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SITE is lagging the market.
In the last month SITE has a been trading in the 112.23 - 128.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SITE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
115.41
152.70
We can see 3 important resistance areas.
- A resistance zone ranging from 117.48 to 120.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 125.48 to 129.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for SITE is down. |
| ChartMill Relative Strength | 25.55 | NEGATIVE | SITE has a low relative strength, it was outperformed by 74.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SITE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SITE is below the rising 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) | 43.77 | NEUTRAL | The RSI value for SITE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests SITE has a negative trend. |
| Stochastics (14,3) | 27.69 | NEUTRAL | The Stochastics value for SITE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for SITE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for SITE suggests a weak or negative 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)
116.58
-0.38 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.32%
1 Week-5.43%
2 Weeks-5.67%
1 Month0.55%
3 Month-4.44%
6 Month-14.05%
12 Month-10.92%
2 Year-30.34%
3 Year-1.93%
5 Year2.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.03
ATR(20)%3.13%
ATR Inc-6.15%
Range Today2.92
ADR(20)3.56
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.55
Mansfield-1.55
10 Day High128.53
10 Day Low115.74
20 Day High128.53
20 Day Low112.23
52 Week High160.75
52 Week Low101.25
CS1 EndN/A
CR1 Start117.48
Volume & EV
DER(3)2.36%
DER(5)1.45%
Volume568.50K
Volume Incr-8.63%
Vol(5)403.24K
Vol(50)540.14K