STEM INC (STEM) Stock Technical Analysis
NYSE:STEM - New York Stock Exchange, Inc. - US85859N1028 - Common Stock - Currency: USD
Taking everything into account, STEM scores 7 out of 10 in our technical rating. STEM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
STEM has an average volume of 2063560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, STEM did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
STEM is an average performer in the Electrical Equipment industry, it outperforms 56% of 93 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 6.04 - 18.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although STEM has an excellent technical rating, it does not offer a high 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
19.49
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 2 important areas.
- A resistance zone ranging from 16.41 to 16.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.30 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 | NEUTRAL | NEUTRAL | The long term trend for STEM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STEM is up. |
| ChartMill Relative Strength | 78.2 | POSITIVE | STEM has a high relative strength, it outperformed 78.2% 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) | 68.28 | NEUTRAL | The RSI value for STEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests STEM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.96 | NEUTRAL | The Stochastics value for STEM is a neutral value. |
| Average True Range in percent/ATR (20) | 10.57 | HIGH VOLATILITY | The high ATR as a percentage value for STEM suggests high volalility. |
| Average Directional Index/ADX (14) | 37.27 | POSITIVE | The high ADX value value for STEM suggests a strong 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)
14.99
+0.55 (+3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.81%
1 Week11.04%
2 Weeks78.88%
1 Month123.4%
3 Month80.43%
6 Month-4.13%
12 Month-40.98%
2 Year-89.4%
3 Year-93.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%10.57%
ATR Inc-16.06%
Range Today2.04
ADR(20)1.53
ADR(20)%10.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.2
Mansfield3.32
10 Day High18.59
10 Day Low8.29
20 Day High18.59
20 Day Low6.04
52 Week High33.6
52 Week Low5.81
CS1 End6.58
CR1 Start16.41
Volume & EV
DER(3)0.45%
DER(5)0.36%
Volume586.10K
Volume Incr72.54%
Vol(5)1.41M
Vol(50)2.06M