SUNOPTA INC (STKL) Technical Analysis
NASDAQ:STKL • CA8676EP1086
Current stock price
STKL Technical Rating and Analysis
Taking everything into account, STKL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, STKL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- STKL is part of the Food Products industry. There are 87 other stocks in this industry. STKL outperforms 91% of them.
- STKL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so STKL is performing more or less in line with the market.
- STKL has an average volume of 3148540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, STKL did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month STKL has a been trading in a tight range between 6.40 and 6.54.
- Considerably lower volume is observed in the last couple of days.
STKL Weekly and Daily overview Charts
STKL Setup Rating and Analysis
STKL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.47, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
STKL Support and Resistance Analysis
6.33
We found 1 important support area.
- A support zone ranging from 6.39 to 6.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 6.51 to 6.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
STKL 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 | UP | POSITIVE | The long term trend for STKL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STKL is up. |
| ChartMill Relative Strength | 92.74 | POSITIVE | STKL has a high relative strength, it outperformed 92.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STKL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STKL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STKL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.36 | OVERBOUGHT | The high RSI value suggests STKL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests STKL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.14 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for STKL suggests low volalility. |
| Average Directional Index/ADX (14) | 65.18 | POSITIVE | The high ADX value value for STKL suggests a strong trend. |
STKL Chart- and CandleStick Pattern Analysis
STKL Example Setup
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 |
|---|---|---|---|
| 6.52 | 6.42 | 0.10 (1.53%) | 25.00% |
| An entry @6.52. This is a Buy Stop order right above the resistance zone. | An exit @6.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 1.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
- 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.
STKL Technicals: Chart, Performance Metrics, Trend & Indicators
6.47
0 (0%)
SUNOPTA INC / STKL TA FAQ
Can you provide the ChartMill technical rating for SUNOPTA INC?
ChartMill assigns a technical rating of 9 / 10 to STKL.
What is the current trend direction of SUNOPTA INC (STKL) stock?
The current trend direction for SUNOPTA INC (STKL) is Bullish.
What is the RSI signal for STKL stock?
SUNOPTA INC (STKL) has an RSI value of 70.3586. This indicates that the stock is currently overbought.
What is the MACD signal for SUNOPTA INC (STKL) stock?
The MACD indicator for SUNOPTA INC (STKL) has a value of -0.0518929, indicating a bearish trend.
What is the short term momentum for STKL stock?
The short term momentum for SUNOPTA INC (STKL) is positive.