SUNOPTA INC (STKL) Technical Analysis
NASDAQ:STKL • CA8676EP1086
Current stock price
STKL Technical Rating and Analysis
Overall STKL gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STKL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- STKL is one of the better performing stocks in the Food Products industry, it outperforms 91% of 87 stocks in the same industry.
- 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 3172630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that STKL is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month STKL has a been trading in a tight range between 6.43 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. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.44, a Stop Loss order could be placed below this zone.
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 6.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.46 to 6.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 93.03 | POSITIVE | STKL has a high relative strength, it outperformed 93.03% 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) | 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) | 68.74 | NEUTRAL | The RSI value for STKL is a neutral value. |
| 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) | 52.38 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for STKL suggests low volalility. |
| Average Directional Index/ADX (14) | 65.02 | 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 |
|---|---|---|---|
| 6.48 | 6.44 | 0.04 (0.59%) | 25.00% |
| An entry @6.48. This is a Buy Stop order right above the 10 day moving average. | An exit @6.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 0.59%. | For a 0.15% total portfolio risk, you can invest 25.00% 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 Technicals: Chart, Performance Metrics, Trend & Indicators
6.46
-0.01 (-0.15%)
SUNOPTA INC / STKL TA FAQ
Can you provide the ChartMill technical rating for SUNOPTA INC?
ChartMill assigns a technical rating of 8 / 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 68.7438. This indicates that the stock is currently neutral.
What is the MACD signal for SUNOPTA INC (STKL) stock?
The MACD indicator for SUNOPTA INC (STKL) has a value of -0.050173, indicating a bearish trend.
What is the short term momentum for STKL stock?
The short term momentum for SUNOPTA INC (STKL) is positive.