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 4 out of 10 to SITE. In the past year, SITE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SITE is a bad performer in the overall market: 63% of all stocks are doing better.
SITE is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 65% are performing better than SITE.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SITE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SITE is lagging the market.
In the last month SITE has a been trading in the 115.31 - 133.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SITE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 123.00, a Stop Loss order could be placed below this zone.
More info and screens
113.04
152.70
We found 2 important support areas.
- A support zone ranging from 122.29 to 123.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 114.18 to 115.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 129.07 to 131.39. 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 | NEUTRAL | NEUTRAL | The long term trend for SITE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SITE is neutral. |
| ChartMill Relative Strength | 37.57 | NEUTRAL | SITE is not amongst the best or worst performers 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 | POSITIVE | The current price of SITE is above 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) | 50.29 | NEUTRAL | The RSI value for SITE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests SITE has a negative trend. |
| Stochastics (14,3) | 39.32 | NEUTRAL | The Stochastics value for SITE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for SITE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.59 | 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)
124.37
-1.01 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.81%
1 Week-3.77%
2 Weeks-4.14%
1 Month6.34%
3 Month10.87%
6 Month-12.91%
12 Month-7.98%
2 Year-26.84%
3 Year-10.74%
5 Year-2.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4
ATR(20)%3.05%
ATR Inc-27.52%
Range Today3.37
ADR(20)3.69
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.57
Mansfield-1.39
10 Day High133.36
10 Day Low121.83
20 Day High133.36
20 Day Low115.31
52 Week High160.75
52 Week Low101.25
CS1 End123
CR1 Start129.07
Volume & EV
DER(3)-1.51%
DER(5)-1.44%
Volume660.80K
Volume Incr-10.02%
Vol(5)416.68K
Vol(50)460.56K