SHUTTERSTOCK INC (SSTK) Stock Technical Analysis
USA - NYSE:SSTK - US8256901005 - Common Stock
21.05 USD
+0.52 (+2.53%)
21 USD
-0.05 (-0.24%)
We assign a technical rating of 5 out of 10 to SSTK. SSTK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SSTK is a bad performer in the overall market: 87% of all stocks are doing better.
SSTK is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 70% 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month SSTK has a been trading in the 19.75 - 22.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SSTK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.96, a Stop Loss order could be placed below this zone.
More info and screens
17.72
22.24
We found 3 important support areas.
- A support zone ranging from 20.45 to 20.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.79 to 19.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 17.90 to 18.17. 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 21.32 to 21.36. 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 22.02. 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 | 13.94 | NEGATIVE | SSTK has a low relative strength, it was outperformed by 86.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSTK is above the rising 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) | 51.21 | NEUTRAL | The RSI value for SSTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SSTK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.87 | NEUTRAL | The Stochastics value for SSTK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SSTK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.32 | 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)
21.05
+0.52 (+2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.53%
1 Week-3.04%
2 Weeks0.62%
1 Month1.84%
3 Month12.03%
6 Month18.32%
12 Month-40.75%
2 Year-44.68%
3 Year-58.04%
5 Year-59.55%
10 Year-30.39%
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%3.53%
ATR Inc-23.86%
Range Today0.66
ADR(20)0.71
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.94
Mansfield-2.01
10 Day High22.47
10 Day Low20.3
20 Day High22.47
20 Day Low19.75
52 Week High38.8
52 Week Low14.35
CS1 End20.96
CR1 Start21.32
Volume & EV
DER(3)0.87%
DER(5)0.83%
Volume155.90K
Volume Incr-26.51%
Vol(5)160.70K
Vol(50)252.37K