SUNOPTA INC (STKL) Stock Technical Analysis
NASDAQ:STKL - CA8676EP1086 - Common Stock
6.18 USD
-0.09 (-1.44%)
6.18 USD
0 (0%)
Overall STKL gets a technical rating of 6 out of 10. STKL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
STKL is part of the Food Products industry. There are 89 other stocks in this industry. STKL outperforms 78% of them.
In the last month STKL has a been trading in the 5.15 - 6.54 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 62% of all stocks.
STKL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STKL is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, STKL does present a nice setup opportunity. 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 6.16, a Stop Loss order could be placed below this zone.
More info and screens
4.08
6.81
4 important support areas can be observed.
- A support zone ranging from 6.10 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.69 from a horizontal line in the weekly time frame.
- Support @5.55 from a trend line in the daily time frame.
- Support @4.12 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.28 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.50 from a trend line in the daily time frame.
- A resistance zone ranging from 6.65 to 6.74. 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 | NEUTRAL | NEUTRAL | The long term trend for STKL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STKL is neutral. |
| ChartMill Relative Strength | 62.1 | 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) | DOWN | NEGATIVE | The current price of STKL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.51 | NEUTRAL | The RSI value for STKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STKL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.11 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for STKL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for STKL suggests a weak or negative 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)
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 |
|---|---|---|---|
| 6.39 | 6.09 | 0.30 (4.69%) | 21.30% |
| An entry @6.39. This is a Buy Stop order right above the resistance zone. | An exit @6.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 4.69%. | For a 1.00% total portfolio risk, you can invest 21.30% 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.
6.18
-0.09 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.44%
1 Week-2.98%
2 Weeks-1.44%
1 Month12.36%
3 Month8.42%
6 Month2.83%
12 Month10.16%
2 Year83.38%
3 Year-32.09%
5 Year-16.71%
10 Year27.16%
15 Year1.48%
Volatility
ATR(14)0.2
ATR(20)%4.37%
ATR Inc-6.01%
Range Today0.25
ADR(20)0.25
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.1
Mansfield-0.99
10 Day High6.52
10 Day Low6.03
20 Day High6.54
20 Day Low5.15
52 Week High8.11
52 Week Low3.64
CS1 End6.16
CR1 Start6.28
Volume & EV
DER(3)-3.93%
DER(5)-1.52%
Volume599.91K
Volume Incr-52.14%
Vol(5)473.86K
Vol(50)826.22K