Overall STEX gets a technical rating of 2 out of 10. STEX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
STEX has a poor technical rating and the quality of the setup is also only medium 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
4.07
We found 1 important support area.
- A support zone ranging from 4.11 to 4.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.51 to 4.51. 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 | UP | POSITIVE | The long term trend for STEX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STEX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | STEX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STEX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STEX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for STEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests STEX has a positive trend. |
| Stochastics (14,3) | 69.95 | NEUTRAL | The Stochastics value for STEX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for STEX suggests high volalility. |
| Average Directional Index/ADX (14) | 8.77 | NEGATIVE | The low ADX value for STEX suggests a weak or negative trend. |
4.43
+0.18 (+4.24%)
STREAMEX CORP / STEX FAQ
What is the ChartMill technical rating of STREAMEX CORP (STEX) stock?
ChartMill assigns a technical rating of 2 / 10 to STEX.
What is the current trend direction of STREAMEX CORP (STEX) stock?
The current trend direction for STREAMEX CORP (STEX) is Bullish.
What is the RSI signal for STEX stock?
STREAMEX CORP (STEX) has an RSI value of 50.6166. This indicates that the stock is currently neutral.
What is the MACD signal for STREAMEX CORP (STEX) stock?
The MACD indicator for STREAMEX CORP (STEX) has a value of 0.0598262, indicating a bearish trend.