SHUTTERSTOCK INC (SSTK) Stock Technical Analysis
NYSE:SSTK - New York Stock Exchange, Inc. - US8256901005 - Common Stock - Currency: USD
We assign a technical rating of 2 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SSTK is a bad performer in the overall market: 90% of all stocks are doing better.
SSTK is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 78% 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.
In the last month SSTK has a been trading in the 17.90 - 20.53 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. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
17.39
29.28
When analyzing the support we can see 2 important areas.
- 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 5 important areas.
- A resistance zone ranging from 18.67 to 19.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.37 from a trend line in the daily time frame.
- A resistance zone ranging from 19.71 to 20.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.72 from a trend line in the weekly time frame.
- Resistance @28.99 from a trend 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 | DOWN | NEGATIVE | The long term trend for SSTK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSTK is down. |
| ChartMill Relative Strength | 10.32 | NEGATIVE | SSTK has a low relative strength, it was outperformed by 89.68% 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 | MIXED | The current price of SSTK is below 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) | 43.23 | NEUTRAL | The RSI value for SSTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SSTK has a negative trend. |
| Stochastics (14,3) | 17.24 | OVERSOLD | The low Stochastics value suggests SSTK may be oversold. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for SSTK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for SSTK 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)
18.17
-0.34 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.84%
1 Week-5.32%
2 Weeks-9.01%
1 Month-4.87%
3 Month18.68%
6 Month-41.31%
12 Month-55.27%
2 Year-64.68%
3 Year-67.84%
5 Year-66.56%
10 Year-65.99%
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%3.87%
ATR Inc-26.48%
Range Today0.58
ADR(20)0.68
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.32
Mansfield-3.74
10 Day High20.38
10 Day Low17.9
20 Day High20.53
20 Day Low17.9
52 Week High46.1
52 Week Low14.35
CS1 End17.9
CR1 Start18.67
Volume & EV
DER(3)2.8%
DER(5)1.92%
Volume300.30K
Volume Incr-15.19%
Vol(5)225.60K
Vol(50)258.70K