STEM INC (STEM) Stock Technical Analysis
USA - NYSE:STEM - US85859N3008 - Common Stock
15.19 USD
+0.39 (+2.64%)
15.19 USD
0 (0%)
Overall STEM gets a technical rating of 10 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, STEM is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, STEM did better than 96% of all other stocks.
STEM is one of the better performing stocks in the Electrical Equipment industry, it outperforms 87% of 92 stocks in the same industry.
STEM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STEM is lagging the market.
In the last month STEM has a been trading in the 13.14 - 17.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, STEM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.58, a Stop Loss order could be placed below this zone.
More info and screens
6.51
18.07
We found 3 important support areas.
- A support zone ranging from 13.41 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.17 from a horizontal line in the daily time frame.
- Support @6.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @15.46 from a trend line in the daily time frame.
- Resistance @15.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.74 to 16.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.57 from a trend line in the daily time frame.
- Resistance @17.89 from a trend 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 | UP | POSITIVE | The long term trend for STEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STEM is up. |
| ChartMill Relative Strength | 96.24 | POSITIVE | STEM has a high relative strength, it outperformed 96.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.96 | NEUTRAL | The RSI value for STEM is a neutral value. |
| 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) | 42.89 | NEUTRAL | The Stochastics value for STEM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.93 | HIGH VOLATILITY | The high ATR as a percentage value for STEM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for STEM 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)
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 |
|---|---|---|---|
| 15.47 | 13.40 | 2.07 (13.38%) | 7.47% |
| An entry @15.47. This is a Buy Stop order right above the resistance zone. | An exit @13.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.07 points, which is 13.38%. | When investing 7.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
15.19
+0.39 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.64%
1 Week12.52%
2 Weeks0.4%
1 Month2.77%
3 Month81.61%
6 Month80.83%
12 Month113.94%
2 Year-82.09%
3 Year-94.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%7.93%
ATR Inc-34.92%
Range Today0.75
ADR(20)1.19
ADR(20)%7.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.24
Mansfield2.93
10 Day High15.35
10 Day Low13.14
20 Day High17.21
20 Day Low13.14
52 Week High33.6
52 Week Low5.81
CS1 End13.58
CR1 Start15.46
Volume & EV
DER(3)-0.82%
DER(5)-1.11%
Volume186.54K
Volume Incr-27.66%
Vol(5)177.67K
Vol(50)529.52K