SCANTECH AI SYSTEMS INC (STAI) Stock Technical Analysis
NASDAQ:STAI - Nasdaq - US80603V1044 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to STAI. STAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than STAI.
STAI is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 96% of 125 stocks in the same industry do better.
In the last month STAI has a been trading in the 0.68 - 1.23 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, STAI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.76
0.83
When analyzing the resistance we notice one important area.
- Resistance @0.82 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 STAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | STAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.47 | NEUTRAL | The RSI value for STAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests STAI has a positive trend. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for STAI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.16 | HIGH VOLATILITY | The high ATR as a percentage value for STAI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.32 | NEGATIVE | The low ADX value for STAI 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)
0.767
+0.03 (+3.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.97%
1 Week-1.54%
2 Weeks5.28%
1 Month-23.3%
3 Month-59.63%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%13.16%
ATR Inc6.79%
Range Today0.12
ADR(20)0.1
ADR(20)%13.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.9
10 Day Low0.68
20 Day High1.23
20 Day Low0.68
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.82
Volume & EV
DER(3)-2.03%
DER(5)-0.01%
Volume1.05M
Volume Incr-45.5%
Vol(5)522.74K
Vol(50)719.88K