We assign a technical rating of 1 out of 10 to STEX. In the last year, STEX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of STEX is bad and it also does not present a 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.
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3.09
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.44 to 3.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 STEX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STEX is down. |
| 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 | NEGATIVE | The current price of STEX is below 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) | 37.79 | NEUTRAL | The RSI value for STEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests STEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for STEX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.56 | HIGH VOLATILITY | The high ATR as a percentage value for STEX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for STEX suggests a possible start of a new trend. |
3.12
-0.09 (-2.8%)
STREAMEX CORP / STEX FAQ
What is the ChartMill technical rating of STREAMEX CORP (STEX) stock?
ChartMill assigns a technical rating of 1 / 10 to STEX.
What is the trend direction for STEX stock?
The current trend direction for STREAMEX CORP (STEX) is Bullish.
Can you provide the RSI signal for STREAMEX CORP?
STREAMEX CORP (STEX) has an RSI value of 37.7852. This indicates that the stock is currently neutral.
What is the short term momentum for STEX stock?
The short term momentum for STREAMEX CORP (STEX) is negative.
What is the buy/sell signal for STREAMEX CORP (STEX) stock?
The buy/sell signal for STREAMEX CORP (STEX) is hold as the short term and long term trends are mixed.