SUNOPTA INC (STKL) Technical Analysis
NASDAQ:STKL • CA8676EP1086
Current stock price
STKL Technical Rating and Analysis
Taking everything into account, STKL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, STKL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that STKL is one of the better performing stocks in the market, outperforming 88% of all stocks.
- STKL is one of the better performing stocks in the Food Products industry, it outperforms 90% of 87 stocks in the same industry.
- STKL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STKL is lagging the market slightly.
- STKL has an average volume of 1682190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month STKL has a been trading in a tight range between 6.46 and 6.52.
- Considerably lower volume is observed in the last couple of days.
STKL Weekly and Daily overview Charts
STKL Setup Rating and Analysis
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 6.47, 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 6.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.48 to 6.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.64 from a horizontal line in the weekly time frame.
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 | 88.13 | POSITIVE | STKL has a high relative strength, it outperformed 88.13% 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) | 60.05 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for STKL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for STKL suggests low volalility. |
| Average Directional Index/ADX (14) | 54.57 | 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 |
|---|---|---|---|
| 6.49 | 6.46 | 0.03 (0.51%) | 25.00% |
| An entry @6.49. This is a Buy Stop order right above the 10 day moving average. | An exit @6.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.51%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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
6.48
0 (0%)
SUNOPTA INC / STKL TA FAQ
Can you provide the ChartMill technical rating for SUNOPTA INC?
ChartMill assigns a technical rating of 9 / 10 to STKL.
What is the trend direction for STKL stock?
The current trend direction for SUNOPTA INC (STKL) is Bullish.
What is the RSI signal for SUNOPTA INC (STKL) stock?
SUNOPTA INC (STKL) has an RSI value of 60.0499. This indicates that the stock is currently neutral.
What is the buy/sell signal for SUNOPTA INC (STKL) stock?
The buy/sell signal for SUNOPTA INC (STKL) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SUNOPTA INC?
SUNOPTA INC (STKL) has a support level at 6.47 and a resistance level at 6.48. Check the full technical report for our detailed analysis of STKL support and resistance levels.