STELLAR BANCORP INC (STEL) Stock Technical Analysis
NYSE:STEL • US8589271068
Taking everything into account, STEL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, STEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that STEL is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by STEL over the past year are nicely spread over this period.
- STEL is part of the Banks industry. There are 379 other stocks in this industry. STEL outperforms 84% of them.
- STEL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STEL is lagging the market slightly.
- STEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, STEL also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.91, a Stop Loss order could be placed below this zone.
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24.87
When analyzing the support we can see 5 important areas.
- A support zone ranging from 37.64 to 37.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.18 to 32.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.02 from a trend line in the daily time frame.
- A support zone ranging from 28.36 to 28.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.71 to 39.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The short term trend for STEL is up. |
| ChartMill Relative Strength | 81.99 | POSITIVE | STEL has a high relative strength, it outperformed 81.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of STEL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STEL is above 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) | 58.68 | NEUTRAL | The RSI value for STEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests STEL has a negative trend. |
| Stochastics (14,3) | 26.42 | NEUTRAL | The Stochastics value for STEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for STEL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.53 | POSITIVE | The high ADX value value for STEL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.72 | 37.63 | 1.09 (2.81%) | 25.00% |
| An entry @38.72. This is a Buy Stop order right above the 10 day moving average. | An exit @37.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.09 points, which is 2.81%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of STEL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
37.92
+0.27 (+0.72%)
STELLAR BANCORP INC / STEL FAQ
Can you provide the ChartMill technical rating for STELLAR BANCORP INC?
ChartMill assigns a technical rating of 10 / 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 58.6781. 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 -0.307989, 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 37.91 and a resistance level at 38.71. Check the full technical report for our detailed analysis of STEL support and resistance levels.