SUNOPTA INC (STKL) Stock Technical Analysis
NASDAQ:STKL - Nasdaq - CA8676EP1086 - Common Stock - Currency: USD
Taking everything into account, STKL scores 7 out of 10 in our technical rating. Although STKL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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 91 other stocks in this industry. STKL outperforms 86% of them.
In the last month STKL has a been trading in the 5.63 - 6.21 range, which is quite wide. It is currently trading near the high of this range.
STKL has an average volume of 1022670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, STKL did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Besides having an excellent technical rating, STKL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.76, a Stop Loss order could be placed below this zone.
More info and screens
3.98
7.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.91 to 5.97. 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 5.65 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.31 from a horizontal line in the weekly time frame.
- Resistance @6.45 from a horizontal line in the daily time frame.
- 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 | 81.94 | POSITIVE | STKL has a high relative strength, it outperformed 81.94% off all stocks 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) | 58.55 | NEUTRAL | The RSI value for STKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests STKL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.64 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for STKL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for STKL suggests a possible start of a new 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)
6.13
-0.01 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.16%
1 Week3.2%
2 Weeks3.72%
1 Month6.42%
3 Month48.79%
6 Month-22.01%
12 Month10.25%
2 Year-7.54%
3 Year-30.5%
5 Year-6.84%
10 Year-42.71%
15 Year21.87%
Volatility
ATR(14)0.23
ATR(20)%3.65%
ATR Inc-29.9%
Range Today0.15
ADR(20)0.22
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.94
Mansfield-0.91
10 Day High6.2
10 Day Low5.73
20 Day High6.21
20 Day Low5.63
52 Week High8.11
52 Week Low3.64
CS1 End5.76
CR1 Start5.87
Volume & EV
DER(3)-0.44%
DER(5)-2.7%
Volume225.20K
Volume Incr-38.12%
Vol(5)584.84K
Vol(50)1.02M