STEPSTONE GROUP INC-CLASS A (STEP) Stock Technical Analysis
NASDAQ:STEP - Nasdaq - US85914M1071 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to STEP. In the past year, STEP was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
STEP is one of the better performing stocks in the Capital Markets industry, it outperforms 73% of 233 stocks in the same industry.
In the last month STEP has a been trading in the 51.55 - 58.53 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that STEP is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
STEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STEP is lagging the market.
STEP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 58.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.80, a Stop Loss order could be placed below this zone.
More info and screens
46.80
60.87
3 important support areas can be observed.
- A support zone ranging from 55.01 to 55.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.66 to 53.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.57 to 60.27. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for STEP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STEP is neutral. |
| ChartMill Relative Strength | 80.47 | POSITIVE | STEP has a high relative strength, it outperformed 80.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STEP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STEP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STEP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.41 | NEUTRAL | The RSI value for STEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests STEP has a positive trend. |
| Stochastics (14,3) | 80.19 | OVERBOUGHT | The high Stochastics value suggests STEP may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for STEP suggests some volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for STEP suggests a weak or negative 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)
57.01
+0.4 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.71%
1 Week1.73%
2 Weeks6.4%
1 Month0.8%
3 Month29.86%
6 Month-5.52%
12 Month25.46%
2 Year103.1%
3 Year114%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%2.81%
ATR Inc-21.8%
Range Today1.17
ADR(20)1.52
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.47
Mansfield-0.7
10 Day High57.49
10 Day Low51.55
20 Day High58.53
20 Day Low51.55
52 Week High70.38
52 Week Low40.07
CS1 End55.8
CR1 Start58.84
Volume & EV
DER(3)-0.06%
DER(5)-0.13%
Volume299.80K
Volume Incr-8.52%
Vol(5)548.24K
Vol(50)611.30K