SUNOPTA INC (STKL) Stock Technical Analysis
NASDAQ:STKL - Nasdaq - CA8676EP1086 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to STKL. STKL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
STKL is part of the Food Products industry. There are 90 other stocks in this industry. STKL outperforms 70% of them.
In the last month STKL has a been trading in the 4.25 - 6.72 range, which is quite wide. It is currently trading near the high of this range.
STKL has an average volume of 1119440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, STKL turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
STKL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STKL is lagging the market slightly.
STKL has an average technical rating and also the quality of the setup is only medium 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
3.92
7.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.12 to 6.20. 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 5.75 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.96 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @6.31 from a horizontal line in the weekly time frame.
- Resistance @6.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.26 to 7.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.82 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 STKL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STKL is up. |
| ChartMill Relative Strength | 57.54 | NEUTRAL | STKL is not amongst the best or worst performers 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 | MIXED | The current price of STKL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.68 | NEUTRAL | The RSI value for STKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STKL has a negative trend. |
| Stochastics (14,3) | 62.3 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for STKL suggests high volalility. |
| Average Directional Index/ADX (14) | 43.35 | POSITIVE | The high ADX value value for STKL 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)
6.24
+0.05 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.81%
1 Week7.22%
2 Weeks0.81%
1 Month50%
3 Month-0.48%
6 Month-19.48%
12 Month3.83%
2 Year-7.28%
3 Year-19.79%
5 Year33.05%
10 Year-38.46%
15 Year32.2%
Volatility
ATR(14)0.24
ATR(20)%5.69%
ATR Inc-54.77%
Range Today0.23
ADR(20)0.31
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.54
Mansfield-0.21
10 Day High6.42
10 Day Low5.7
20 Day High6.72
20 Day Low4.25
52 Week High8.11
52 Week Low3.64
CS1 End6.2
CR1 Start6.31
Volume & EV
DER(3)-0.65%
DER(5)1.19%
Volume1.06M
Volume Incr-21.81%
Vol(5)965.90K
Vol(50)1.12M