SUNOPTA INC (STKL) Stock Technical Analysis
USA - NASDAQ:STKL - CA8676EP1086 - Common Stock
Overall STKL gets a technical rating of 0 out of 10. STKL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of STKL is bad and it also does not present a quality setup 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
3.85
When analyzing the support we notice one important area.
- Support @3.89 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @4.23 from a horizontal line in the daily time frame.
- Resistance @5.51 from a trend line in the daily time frame.
- Resistance @6.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.21 to 6.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.64 to 6.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 STKL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STKL is down. |
| ChartMill Relative Strength | 7.11 | NEGATIVE | STKL has a low relative strength, it was outperformed by 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STKL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STKL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STKL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.09 | OVERSOLD | The low RSI value suggests STKL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests STKL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.15 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for STKL suggests high volalility. |
| Average Directional Index/ADX (14) | 38.08 | POSITIVE | The high ADX value value for STKL suggests a strong trend. |
4.12
-0.1 (-2.37%)
SUNOPTA INC / STKL FAQ
Can you provide the ChartMill technical rating for SUNOPTA INC?
ChartMill assigns a technical rating of 0 / 10 to STKL.
Can you provide the trend direction for SUNOPTA INC?
The current trend direction for SUNOPTA INC (STKL) is Bearish.
What is the RSI signal for STKL stock?
SUNOPTA INC (STKL) has an RSI value of 26.0941. This indicates that the stock is currently oversold.
What is the short term momentum for SUNOPTA INC (STKL) stock?
The short term momentum for SUNOPTA INC (STKL) is negative.
What is the support and resistance level for STKL stock?
SUNOPTA INC (STKL) has a support level at 3.89 and a resistance level at 4.23. Check the full technical report for our detailed analysis of STKL support and resistance levels.