STKH Technical Analysis - STEAKHOLDER FOODS LTD-ADR

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to STKH. STKH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, STKH is a bad performer in the overall market: 100% of all stocks are doing better.

STKH is part of the Food Products industry. There are 87 other stocks in this industry, of which 94% are performing better than STKH.

STKH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month STKH has a been trading in the 3.56 - 6.97 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.

STKH has an average volume of 2013460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

STEAKHOLDER FOODS LTD-ADR / STKH Weekly stock chart

STEAKHOLDER FOODS LTD-ADR / STKH Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, STKH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

3.85

6.15

2 important resistance areas can be observed.

Resistance @5.69 from a trend line in the daily time frame.
Resistance @6.09 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 STKH is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for STKH is down.
ChartMill Relative Strength	0.31	NEGATIVE	STKH has a low relative strength, it was outperformed by 99.69% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of STKH is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of STKH is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of STKH is below a declining SMA(200).
Relative Strength Index/RSI (14)	40.35	NEUTRAL	The RSI value for STKH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests STKH has a positive trend.
Stochastics (14,3)	9.19	OVERSOLD	The low Stochastics value suggests STKH may be oversold.
Average True Range in percent/ATR (20)	16.15	HIGH VOLATILITY	The high ATR as a percentage value for STKH suggests high volalility.
Average Directional Index/ADX (14)	11.93	NEGATIVE	The low ADX value for STKH suggests a weak or negative trend.