STAGWELL INC (STGW) Stock Technical Analysis
NASDAQ:STGW - US85256A1097 - Common Stock
5.64 USD
+0.1 (+1.81%)
5.64 USD
0 (0%)
We assign a technical rating of 7 out of 10 to STGW. STGW has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month STGW has a been trading in the 5.33 - 5.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
STGW has an average volume of 1421700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, STGW outperforms 43% of them, which is more or less in line with the market.
STGW is an average performer in the Media industry, it outperforms 65% of 100 stocks in the same industry.
STGW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STGW is lagging the market.
Considerably lower volume is observed in the last couple of days.
STGW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 5.62, a Stop Loss order could be placed below this zone.
More info and screens
4.39
5.93
We found 3 important support areas.
- A support zone ranging from 5.60 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.30 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.43 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.64 to 5.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for STGW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STGW is up. |
| ChartMill Relative Strength | 43.83 | NEUTRAL | STGW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STGW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STGW is above the rising 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) | 56.1 | NEUTRAL | The RSI value for STGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests STGW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.87 | NEUTRAL | The Stochastics value for STGW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for STGW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.17 | POSITIVE | The high ADX value value for STGW suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.78 | 5.59 | 0.19 (3.29%) | 25.00% |
| An entry @5.78. This is a Buy Stop order right above the resistance zone. | An exit @5.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 3.29%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of STGW. 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.
5.64
+0.1 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.81%
1 Week-1.91%
2 Weeks1.44%
1 Month1.08%
3 Month26.46%
6 Month-13.1%
12 Month-21.56%
2 Year3.49%
3 Year-16.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.65%
ATR Inc-21.96%
Range Today0.13
ADR(20)0.2
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.83
Mansfield-1.5
10 Day High5.87
10 Day Low5.4
20 Day High5.87
20 Day Low5.33
52 Week High8.18
52 Week Low4.03
CS1 End5.62
CR1 Start5.64
Volume & EV
DER(3)0.63%
DER(5)-0.76%
Volume653.90K
Volume Incr-37.76%
Vol(5)879.54K
Vol(50)1.42M