STELLAR BANCORP INC (STEL) Technical Analysis
NYSE:STEL • US8589271068
Current stock price
STEL Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to STEL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- STEL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, STEL did better than 83% of all other stocks. On top of that, STEL also shows a nice and consistent pattern of rising prices.
- STEL is one of the better performing stocks in the Banks industry, it outperforms 89% of 380 stocks in the same industry.
- STEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so STEL is performing more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
STEL Weekly and Daily overview Charts
STEL Setup Rating and Analysis
Although STEL 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.
More info and screens
STEL Support and Resistance Analysis
24.87
4 important support areas can be observed.
- A support zone ranging from 35.33 to 35.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.59 to 32.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.86 from a trend line in the weekly time frame.
- Support @25.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.18 to 39.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
STEL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for STEL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STEL is neutral. |
| ChartMill Relative Strength | 83.77 | POSITIVE | STEL has a high relative strength, it outperformed 83.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of STEL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.06 | NEUTRAL | The RSI value for STEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests STEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.39 | NEUTRAL | The Stochastics value for STEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for STEL suggests low volalility. |
| Average Directional Index/ADX (14) | 22.66 | NEUTRAL | The ADX value for STEL suggests a possible start of a new trend. |
STEL Chart- and CandleStick Pattern Analysis
STEL Technicals: Chart, Performance Metrics, Trend & Indicators
36.25
0 (0%)
STELLAR BANCORP INC / STEL TA FAQ
Can you provide the ChartMill technical rating for STELLAR BANCORP INC?
ChartMill assigns a technical rating of 8 / 10 to STEL.
What is the current trend direction of STELLAR BANCORP INC (STEL) stock?
The current trend direction for STELLAR BANCORP INC (STEL) is Bullish.
What is the RSI signal for STELLAR BANCORP INC (STEL) stock?
STELLAR BANCORP INC (STEL) has an RSI value of 48.0557. This indicates that the stock is currently neutral.
Can you provide the MACD signal for STELLAR BANCORP INC?
The MACD indicator for STELLAR BANCORP INC (STEL) has a value of -0.0551097, indicating a bearish trend.
Can you provide the support and resistance levels for STELLAR BANCORP INC?
STELLAR BANCORP INC (STEL) has a support level at 35.78 and a resistance level at 39.18. Check the full technical report for our detailed analysis of STEL support and resistance levels.