STEM INC (STEM) Stock Technical Analysis
NYSE:STEM - New York Stock Exchange, Inc. - US85859N1028 - Common Stock - Currency: USD
Taking everything into account, STEM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, STEM has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that STEM is one of the better performing stocks in the market, outperforming 88% of all stocks.
STEM is part of the Electrical Equipment industry. There are 93 other stocks in this industry. STEM outperforms 72% of them.
STEM has an average volume of 1405870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 11.13 - 19.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
STEM has an excellent technical rating and 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. We notice that large players showed an interest for STEM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.51
18.96
When analyzing the support we can see 2 important areas.
- Support @12.97 from a trend line in the daily time frame.
- Support @6.58 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @15.00 from a horizontal line in the weekly time frame.
- Resistance @15.25 from a horizontal line in the daily time frame.
- Resistance @18.36 from a trend line in the daily time frame.
- Resistance @18.77 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 | 88.51 | POSITIVE | STEM has a high relative strength, it outperformed 88.51% 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) | 57.74 | NEUTRAL | The RSI value for STEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.29 | NEUTRAL | The Stochastics value for STEM is a neutral value. |
| Average True Range in percent/ATR (20) | 14.08 | HIGH VOLATILITY | The high ATR as a percentage value for STEM suggests high volalility. |
| Average Directional Index/ADX (14) | 39.98 | 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)
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 |
|---|---|---|---|
| 15.01 | 12.96 | 2.05 (13.66%) | 7.32% |
| An entry @15.01. This is a Buy Stop order right above the resistance zone. | An exit @12.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.05 points, which is 13.66%. | For a 1.00% total portfolio risk, you can invest 7.32% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of STEM. 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.
14.78
+0.08 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.54%
1 Week16.2%
2 Weeks20.85%
1 Month9.48%
3 Month36.2%
6 Month44.9%
12 Month31.61%
2 Year-85.48%
3 Year-95.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.67
ATR(20)%14.08%
ATR Inc-31.81%
Range Today1.06
ADR(20)1.92
ADR(20)%13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
Mansfield3.27
10 Day High15.35
10 Day Low11.14
20 Day High19.48
20 Day Low11.14
52 Week High33.6
52 Week Low5.81
CS1 End12.97
CR1 Start15
Volume & EV
DER(3)3.29%
DER(5)1.4%
Volume237.10K
Volume Incr-63.67%
Vol(5)336.76K
Vol(50)1.41M