SUNOPTA INC (STKL)

CA8676EP1086 - Common Stock

6.87  +0.07 (+1.03%)

After market: 6.87 0 (0%)

Technical Rating and Analysis

8

Overall STKL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, STKL is only an average performer.

The long and short term trends are both positive. This is looking good!
STKL is part of the Food Products industry. There are 91 other stocks in this industry. STKL outperforms 77% of them.
STKL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STKL is lagging the market slightly.
When compared to the yearly performance of all other stocks, STKL outperforms 56% of them, which is more or less in line with the market.
In the last month STKL has a been trading in the 6.29 - 7.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
STKL Weekly chart
STKL Daily chart
Setup Rating and Analysis

8

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 very little resistance above the current price. There is a support zone below the current price at 6.79, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

6.38

7.23

2 important support areas can be observed.

  • A support zone ranging from 6.66 to 6.79. 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 6.44 to 6.53. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @6.94 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 7.06 to 7.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.17
Mansfield0.14
10 Day High7.07
10 Day Low6.49
20 Day High7.38
20 Day Low6.29
52 Week High8.58
52 Week Low2.79
Performance
1 Week1.95%
2 Weeks-3.55%
1 Month13.14%
3 Month24.31%
6 Month101.78%
12 Month-11.69%
2 Year35.46%
3 Year-53.96%
5 Year96.53%
10 Year-42.42%
15 Year293.06%
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)57.91
LBB6.52
UBB7.04
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.

ENTRYEXITDISTANCECAPITAL
6.956.650.30 (4.32%)23.17%
An entry @6.95. This is a Buy Stop order right above the resistance zone.An exit @6.65. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.30 points, which is 4.32%.For a 1.00% total portfolio risk, you can invest 23.17% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of STKL. 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.
STKL Daily chart

SUNOPTA INC

NASDAQ:STKL (3/28/2024, 5:11:02 PM)

After market: 6.87 0 (0%)

6.87

+0.07 (+1.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.03%
1 Week1.95%
2 Weeks-3.55%
1 Month13.14%
3 Month24.31%
6 Month101.78%
12 Month-11.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%4.36%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.07
10 Day Low6.49
20 Day High7.38
20 Day Low6.29
52 Week High8.58
52 Week Low2.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume822.31K
Volume Incr-20.1%
Vol(5)813.24K
Vol(50)833.04K