STAGWELL INC (STGW) Stock Technical Analysis
USA - NASDAQ:STGW - US85256A1097 - Common Stock
We assign a technical rating of 0 out of 10 to STGW. STGW 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 technical rating of STGW 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.
More info and screens
4.65
When analyzing the support we notice one important area.
- Support @4.70 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.00 to 5.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.73 from a horizontal line in the daily time frame.
- Resistance @5.87 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for STGW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STGW is neutral. |
| ChartMill Relative Strength | 11.27 | NEGATIVE | STGW has a low relative strength, it was outperformed by 88.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STGW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STGW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STGW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.45 | NEUTRAL | The RSI value for STGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests STGW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.47 | OVERSOLD | The low Stochastics value suggests STGW may be oversold. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for STGW suggests high volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for STGW suggests a possible start of a new trend. |
4.77
-0.05 (-1.04%)
STAGWELL INC / STGW FAQ
Can you provide the ChartMill technical rating for STAGWELL INC?
ChartMill assigns a technical rating of 0 / 10 to STGW.
What is the current trend direction of STAGWELL INC (STGW) stock?
The current trend direction for STAGWELL INC (STGW) is Bearish.
What is the RSI signal for STGW stock?
STAGWELL INC (STGW) has an RSI value of 44.4526. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STAGWELL INC?
The short term momentum for STAGWELL INC (STGW) is neutral.
What is the support and resistance level for STGW stock?
STAGWELL INC (STGW) has a support level at 4.7 and a resistance level at 5. Check the full technical report for our detailed analysis of STGW support and resistance levels.