STEM INC (STEM) Stock Technical Analysis
NYSE:STEM • US85859N3008
Taking everything into account, STEM scores 0 out of 10 in our technical rating. STEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, STEM is a bad performer in the overall market: 76% of all stocks are doing better.
- STEM 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 STEM has a been trading in the 10.35 - 18.33 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.
- STEM is an average performer in the Electrical Equipment industry, it outperforms 41% of 91 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
The technical rating of STEM 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
6.51
When analyzing the support we notice one important area.
- Support @6.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.41 to 11.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.07 from a trend line in the daily time frame.
- A resistance zone ranging from 18.90 to 19.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.22 from a horizontal line in the daily time frame.
- Resistance @24.40 from a horizontal line in the weekly 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 STEM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STEM is down. |
| ChartMill Relative Strength | 24.32 | NEGATIVE | STEM has a low relative strength, it was outperformed by 75.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STEM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STEM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.56 | OVERSOLD | The low RSI value suggests STEM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests STEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.86 | OVERSOLD | The low Stochastics value suggests STEM may be oversold. |
| Average True Range in percent/ATR (20) | 10.46 | HIGH VOLATILITY | The high ATR as a percentage value for STEM suggests high volalility. |
| Average Directional Index/ADX (14) | 42.14 | POSITIVE | The high ADX value value for STEM suggests a strong trend. |
10.62
-0.64 (-5.68%)
STEM INC / STEM FAQ
What is the technical rating for STEM stock?
ChartMill assigns a technical rating of 0 / 10 to STEM.
What is the trend direction for STEM stock?
The current trend direction for STEM INC (STEM) is Bearish.
Can you provide the RSI signal for STEM INC?
STEM INC (STEM) has an RSI value of 25.5648. This indicates that the stock is currently oversold.
What is the buy/sell signal for STEM stock?
The buy/sell signal for STEM INC (STEM) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for STEM INC (STEM) stock?
STEM INC (STEM) has a support level at 6.58 and a resistance level at 11.41. Check the full technical report for our detailed analysis of STEM support and resistance levels.