SITE Technical Analysis - SITEONE LANDSCAPE SUPPLY INC

Technical Rating and Analysis

Taking everything into account, SITE scores 0 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, SITE is a bad performer in the overall market: 84% of all stocks are doing better.

SITE is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry, of which 68% are performing better than SITE.

SITE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month SITE has a been trading in the 116.08 - 142.18 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SITEONE LANDSCAPE SUPPLY INC / SITE Weekly stock chart

SITEONE LANDSCAPE SUPPLY INC / SITE Daily stock chart

Setup Rating and Analysis

The technical rating of SITE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

115.82

152.70

2 important resistance areas can be observed.

A resistance zone ranging from 128.13 to 129.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 150.84 to 151.19. This zone is formed by a combination of multiple trend lines in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	16.38	NEGATIVE	SITE has a low relative strength, it was outperformed by 83.62% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SITE is below a declining 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)	24.15	OVERSOLD	The low RSI value suggests SITE may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.24	NEGATIVE	The MACD value suggests SITE has a negative trend.
Stochastics (14,3)	5.33	OVERSOLD	The low Stochastics value suggests SITE may be oversold.
Average True Range in percent/ATR (20)	3.04	MEDIUM VOLATILITY	The ATR as a percentage value for SITE suggests some volalility.
Average Directional Index/ADX (14)	22.92	NEUTRAL	The ADX value for SITE suggests a possible start of a new trend.