STELLANTIS NV (STLA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STLA - NL00150001Q9 - Common Stock
Taking everything into account, STLA scores 8 out of 10 in our technical rating. Although STLA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
STLA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.06. Right above this resistance zone may be a good entry point.
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8.78
When analyzing the support we can see 5 important areas.
- A support zone ranging from 11.67 to 11.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.14 from a trend line in the weekly time frame.
- Support @9.39 from a trend line in the daily time frame.
- Support @9.23 from a horizontal line in the daily time frame.
- A support zone ranging from 8.87 to 8.99. 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 12.06 to 12.13. 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 | UP | POSITIVE | The long term trend for STLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STLA is up. |
| ChartMill Relative Strength | 60.79 | NEUTRAL | STLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of STLA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.02 | NEUTRAL | The RSI value for STLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests STLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.13 | OVERBOUGHT | The high Stochastics value suggests STLA may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for STLA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.72 | POSITIVE | The high ADX value value for STLA suggests a strong trend. |
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 |
|---|---|---|---|
| 12.14 | 11.66 | 0.48 (3.95%) | 25.00% |
| An entry @12.14. This is a Buy Stop order right above the resistance zone. | An exit @11.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 3.95%. | For a 0.99% 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 STLA. 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.
11.83
-0.1 (-0.84%)
STELLANTIS NV / STLA FAQ
What is the technical rating for STLA stock?
ChartMill assigns a technical rating of 8 / 10 to STLA.
Can you provide the trend direction for STELLANTIS NV?
The current trend direction for STELLANTIS NV (STLA) is Bullish.
Can you provide the RSI signal for STELLANTIS NV?
STELLANTIS NV (STLA) has an RSI value of 61.0187. This indicates that the stock is currently neutral.
What is the short term momentum for STELLANTIS NV (STLA) stock?
The short term momentum for STELLANTIS NV (STLA) is positive.
What is the buy/sell signal for STELLANTIS NV (STLA) stock?
The buy/sell signal for STELLANTIS NV (STLA) is buy as both the short term and long term trends are positive.