SANTECH HOLDINGS LIMITED (STEC) Stock Technical Analysis
NASDAQ:STEC - Nasdaq - US44951X1046 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to STEC. Although STEC is scoring some points because its good overall performance in the market in the past year, 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.
STEC 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 STEC has a been trading in the 0.60 - 0.96 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: STEC has an average volume of 12568 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
STEC is one of the better performing stocks in the Capital Markets industry, it outperforms 94% of 237 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that STEC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, STEC also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
The technical rating of STEC is bad and it also does not present a quality setup 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.
More info and screens
0.64
0.78
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.70 to 0.72. 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 0.76 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 STEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STEC is down. |
| ChartMill Relative Strength | 95 | POSITIVE | STEC has a high relative strength, it outperformed 95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STEC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.16 | NEUTRAL | The RSI value for STEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests STEC has a negative trend. |
| Stochastics (14,3) | 13.66 | OVERSOLD | The low Stochastics value suggests STEC may be oversold. |
| Average True Range in percent/ATR (20) | 11.58 | HIGH VOLATILITY | The high ATR as a percentage value for STEC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for STEC 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)
0.6499
-0.03 (-4.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-4.43%
1 Week-10.26%
2 Weeks-12.79%
1 Month-22.85%
3 Month-43.49%
6 Month-6.21%
12 Month195.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%11.58%
ATR Inc-36.72%
Range Today0.05
ADR(20)0.07
ADR(20)%10.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95
Mansfield-3.27
10 Day High0.82
10 Day Low0.64
20 Day High0.97
20 Day Low0.6
52 Week High3.25
52 Week Low0.2
CS1 EndN/A
CR1 Start0.7
Volume & EV
DER(3)5.54%
DER(5)8.96%
Volume5.00K
Volume Incr-37.64%
Vol(5)7.58K
Vol(50)12.57K