Logo image of STER

STERLING CHECK CORP (STER) Stock Technical Analysis

USA - NASDAQ:STER - US85917T1097 - Common Stock

16.74 USD
-0.04 (-0.24%)
Last: 10/30/2024, 8:00:00 PM
Technical Rating and Analysis

9

Taking everything into account, STER scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, STER has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month STER has a been trading in the 16.36 - 18.04 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, STER did better than 76% of all other stocks. On top of that, STER also shows a nice and consistent pattern of rising prices.
STER is one of the better performing stocks in the Professional Services industry, it outperforms 81% of 82 stocks in the same industry.
STER is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STER is lagging the market slightly.
Weekly and Daily overview Charts
STERLING CHECK CORP / STER Weekly stock chart
STERLING CHECK CORP / STER Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, STER also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.73, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.83

17.46

We found 5 important support areas.

  • A support zone ranging from 16.47 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.98 from a horizontal line in the weekly time frame.
  • Support @14.74 from a horizontal line in the weekly time frame.
  • Support @14.50 from a horizontal line in the daily time frame.
  • Support @10.94 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 16.92 to 17.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for STER is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for STER is neutral.
ChartMill Relative Strength76.57POSITIVESTER has a high relative strength, it outperformed 76.57% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of STER is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of STER is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of STER is above the rising SMA(200).
Relative Strength Index/RSI (14)47.57NEUTRALThe RSI value for STER is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.07NEGATIVEThe MACD value suggests STER has a negative trend.
Stochastics (14,3)17.98OVERSOLDThe low Stochastics value suggests STER may be oversold.
Average True Range in percent/ATR (20)1.87LOW VOLATILITYThe low ATR as a percentage value for STER suggests low volalility.
Average Directional Index/ADX (14)20.47NEUTRALThe ADX value for STER suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
17.0416.690.35 (2.07%)25.00%
An entry @17.04. This is a Buy Stop order right above the 10 day moving average.An exit @16.69. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.35 points, which is 2.07%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%.

  • The distance between exit and entry is rather small compared to the average daily movement of STER. 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.
STERLING CHECK CORP / STER Daily stock chart

STERLING CHECK CORP

NASDAQ:STER (10/30/2024, 8:00:00 PM)

16.74

-0.04 (-0.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.24%
1 Week-4.07%
2 Weeks-2.67%
1 Month0.48%
3 Month7.58%
6 Month8.28%
12 Month46.58%
2 Year-14.29%
3 Year-21.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.87%
ATR Inc-68.98%
Range Today0.13
ADR(20)0.31
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.57
Mansfield0
10 Day High18.04
10 Day Low16.7
20 Day High18.04
20 Day Low16.36
52 Week High18.04
52 Week Low10
CS1 End16.73
CR1 Start16.92
Volume & EV
DER(3)-2.43%
DER(5)-2.08%
Volume865.70K
Volume Incr-51.42%
Vol(5)349.98K
Vol(50)458.60K