STG Technical Analysis - SUNLANDS TECHNOLOGY- SP ADR

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to STG. STG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, STG is a bad performer in the overall market: 87% of all stocks are doing better.

STG is one of the lesser performing stocks in the Diversified Consumer Services industry. 65% of 77 stocks in the same industry do better.

STG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month STG has a been trading in the 6.82 - 8.53 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Warning: STG has an average volume of 8297 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SUNLANDS TECHNOLOGY- SP ADR / STG Weekly stock chart

SUNLANDS TECHNOLOGY- SP ADR / STG Daily stock chart

Setup Rating and Analysis

The technical rating of STG 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.74

7.60

2 important support areas can be observed.

A support zone ranging from 6.89 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @4.79 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

Resistance @7.11 from a trend line in the daily time frame.
A resistance zone ranging from 7.42 to 7.52. This zone is formed by a combination of multiple trend lines in the daily time frame.

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for STG is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for STG is down.
ChartMill Relative Strength	13.25	NEGATIVE	STG has a low relative strength, it was outperformed by 86.75% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of STG is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of STG is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of STG is below the rising SMA(200).
Relative Strength Index/RSI (14)	32.5	NEUTRAL	The RSI value for STG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests STG has a negative trend, although the MACD value is rising.
Stochastics (14,3)	7.02	OVERSOLD	The low Stochastics value suggests STG may be oversold.
Average True Range in percent/ATR (20)	4.61	MEDIUM VOLATILITY	The ATR as a percentage value for STG suggests some volalility.
Average Directional Index/ADX (14)	34.27	POSITIVE	The high ADX value value for STG suggests a strong trend.