SHUTTERSTOCK INC (SSTK) Stock Technical Analysis
NYSE:SSTK - US8256901005 - Common Stock
20.11 USD
-0.48 (-2.33%)
20.15 USD
+0.04 (+0.2%)
Overall SSTK gets a technical rating of 4 out of 10. SSTK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
87% of all other stocks performed better in the past year than SSTK.
SSTK is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 75% are performing better than SSTK.
SSTK 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month SSTK has a been trading in the 19.43 - 22.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SSTK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
17.39
22.15
4 important support areas can be observed.
- A support zone ranging from 19.95 to 20.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.06 from a trend line in the daily time frame.
- Support @17.90 from a horizontal line in the daily time frame.
- A support zone ranging from 17.57 to 17.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.84 to 21.20. 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 21.93 to 21.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SSTK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSTK is neutral. |
| ChartMill Relative Strength | 13.6 | NEGATIVE | SSTK has a low relative strength, it was outperformed by 86.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSTK is above the rising 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) | 46.28 | NEUTRAL | The RSI value for SSTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SSTK has a negative trend. |
| Stochastics (14,3) | 19.55 | OVERSOLD | The low Stochastics value suggests SSTK may be oversold. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SSTK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for SSTK suggests a strong 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)
20.11
-0.48 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.33%
1 Week-2.71%
2 Weeks-6.2%
1 Month-1.23%
3 Month14.13%
6 Month-0.35%
12 Month-40.63%
2 Year-47.15%
3 Year-59.92%
5 Year-61.36%
10 Year-33.5%
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%4.14%
ATR Inc41.01%
Range Today1.02
ADR(20)0.81
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.6
Mansfield-2.51
10 Day High22.3
10 Day Low20.04
20 Day High22.45
20 Day Low19.43
52 Week High38.8
52 Week Low14.35
CS1 End20.06
CR1 Start20.84
Volume & EV
DER(3)0.1%
DER(5)2.12%
Volume245.00K
Volume Incr-5.96%
Vol(5)236.08K
Vol(50)267.04K