SHUTTERSTOCK INC (SSTK) Stock Technical Analysis
NYSE:SSTK - New York Stock Exchange, Inc. - US8256901005 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SSTK. SSTK'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SSTK is a bad performer in the overall market: 91% of all stocks are doing better.
SSTK is one of the lesser performing stocks in the Interactive Media & Services industry. 72% of 71 stocks in the same industry do better.
SSTK 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 SSTK is lagging the market.
In the last month SSTK has a been trading in the 17.50 - 20.05 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, SSTK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for SSTK in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.67
35.89
We found 1 important support area.
- Support @17.85 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 18.24 to 18.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.71 to 19.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @25.06 from a trend line in the weekly time frame.
- Resistance @29.66 from a trend line in the weekly time frame.
- Resistance @32.39 from a trend line in the daily time frame.
- Resistance @35.53 from a horizontal line 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 SSTK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSTK is neutral. |
| ChartMill Relative Strength | 9.53 | NEGATIVE | SSTK has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSTK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SSTK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SSTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.49 | NEUTRAL | The RSI value for SSTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SSTK has a negative trend. |
| Stochastics (14,3) | 33.57 | NEUTRAL | The Stochastics value for SSTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for SSTK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for SSTK suggests a possible start of a new 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)
17.86
-0.46 (-2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.51%
1 Week-2.19%
2 Weeks-0.22%
1 Month3%
3 Month-11.5%
6 Month-44.81%
12 Month-53.04%
2 Year-63.3%
3 Year-68.84%
5 Year-48.93%
10 Year-69.54%
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.2%
ATR Inc-27.07%
Range Today0.42
ADR(20)0.71
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.53
Mansfield-4.09
10 Day High18.95
10 Day Low17.62
20 Day High20.05
20 Day Low17.5
52 Week High46.1
52 Week Low14.35
CS1 End17.85
CR1 Start18.24
Volume & EV
DER(3)3.37%
DER(5)1.71%
Volume244.70K
Volume Incr22.87%
Vol(5)302.36K
Vol(50)385.99K