STARBOX GROUP HOLDINGS LTD-A (STBX) Stock Technical Analysis
NASDAQ:STBX - Nasdaq - KYG8437S1497 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to STBX. STBX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than STBX.
STBX is part of the Media industry. There are 98 other stocks in this industry, of which 88% are performing better than STBX.
STBX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month STBX has a been trading in the 1.37 - 4.68 range, which is quite wide. It is currently trading near the lows of this range.
STBX has an average volume of 2207270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, STBX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.09
2.35
When analyzing the resistance we notice one important area.
- Resistance @2.33 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 STBX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STBX is down. |
| ChartMill Relative Strength | 0.06 | NEGATIVE | STBX has a low relative strength, it was outperformed by 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STBX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.84 | OVERSOLD | The low RSI value suggests STBX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests STBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.68 | NEUTRAL | The Stochastics value for STBX is a neutral value. |
| Average True Range in percent/ATR (20) | 29.93 | HIGH VOLATILITY | The high ATR as a percentage value for STBX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.86 | POSITIVE | The high ADX value value for STBX 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)
2.11
-0.21 (-9.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-9.05%
1 Week-3.65%
2 Weeks-12.81%
1 Month-15.04%
3 Month-96.36%
6 Month-98.67%
12 Month-99.45%
2 Year-99.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%29.93%
ATR Inc-22.2%
Range Today0.69
ADR(20)0.62
ADR(20)%29.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.06
Mansfield-9.91
10 Day High2.6
10 Day Low1.8
20 Day High4.68
20 Day Low1.37
52 Week High492.8
52 Week Low1.37
CS1 EndN/A
CR1 Start2.33
Volume & EV
DER(3)-3.18%
DER(5)-4.41%
Volume902.70K
Volume Incr-86.81%
Vol(5)297.22K
Vol(50)2.21M