STEEL CONNECT INC (STCN)

US8580982051 - Common Stock

12.125  +0.04 (+0.29%)

Technical Rating and Analysis

9

Overall STCN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STCN is showing a nice and steady performance.

Warning: STCN has an average volume of 13538 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
STCN is part of the IT Services industry. There are 86 other stocks in this industry. STCN outperforms 100% of them.
STCN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so STCN is leading the market.
In the last month STCN has a been trading in the 8.55 - 12.37 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that STCN is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
STCN Weekly chart
STCN Daily chart
Setup Rating and Analysis

3

Although STCN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

8.47

12.25

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 9.75 to 9.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.20 from a trend line in the daily time frame.
  • Support @9.04 from a trend line in the weekly time frame.
  • Support @8.56 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.84
Mansfield2.95
10 Day High12.37
10 Day Low9.57
20 Day High12.37
20 Day Low8.55
52 Week High12.48
52 Week Low0.68
Performance
1 Week12.09%
2 Weeks21.86%
1 Month27.77%
3 Month24.61%
6 Month33.88%
12 Month1054.76%
2 Year847.27%
3 Year518.62%
5 Year521.8%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)76.47
LBB8.22
UBB12.95
STCN Daily chart

STEEL CONNECT INC

NASDAQ:STCN (4/26/2024, 7:17:49 PM)

12.125

+0.04 (+0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.29%
1 Week12.09%
2 Weeks21.86%
1 Month27.77%
3 Month24.61%
6 Month33.88%
12 Month1054.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%4.55%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.37
10 Day Low9.57
20 Day High12.37
20 Day Low8.55
52 Week High12.48
52 Week Low0.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume55.70K
Volume Incr596.37%
Vol(5)66.12K
Vol(50)13.54K