Sito Mobile Ltd. (SITO) Stock Technical Analysis
NASDAQ:SITO - Nasdaq -
Taking everything into account, SITO scores 0 out of 10 in our technical rating. SITO'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.
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, SITO is a bad performer in the overall market: 95% of all stocks are doing better.
SITO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SITO is lagging the market.
In the last month SITO has a been trading in the 0.15 - 0.28 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.
The technical rating of SITO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.15
0.22
2 important resistance areas can be observed.
- Resistance @0.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 SITO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SITO is down. |
| ChartMill Relative Strength | 5.89 | NEGATIVE | SITO has a low relative strength, it was outperformed by 94.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SITO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SITO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SITO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.16 | NEUTRAL | The RSI value for SITO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SITO has a negative trend. |
| Stochastics (14,3) | 28.75 | NEUTRAL | The Stochastics value for SITO is a neutral value. |
| Average True Range in percent/ATR (20) | 21.94 | HIGH VOLATILITY | The high ATR as a percentage value for SITO suggests high volalility. |
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)
0.149
-0.06 (-29.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-29.05%
1 Week-23.2%
2 Weeks-40.35%
1 Month-36.08%
3 Month-51.94%
6 Month-82.87%
12 Month-91.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%21.94%
ATR Inc78%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.89
Mansfield-7.93
10 Day High0.25
10 Day Low0.15
20 Day High0.28
20 Day Low0.15
52 Week High2.29
52 Week Low0.15
CS1 EndN/A
CR1 Start0.17
Volume & EV
DER(3)-5.71%
DER(5)1.4%
Volume298.50K
Volume Incr132.77%
Vol(5)274.02K
Vol(50)255.65K