STMICROELECTRONICS NV (STM.PA) Technical Analysis
EPA:STM • NL0000226223
Current stock price
STM.PA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to STM. Both in the recent history as in the last year, STM 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 STM is one of the better performing stocks in the market, outperforming 97% of all stocks.
- STM is part of the Semiconductors & Semiconductor Equipment industry. There are 71 other stocks in this industry. STM outperforms 80% of them.
- STM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month STM has a been trading in the 41.81 - 47.47 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- STM has an average volume of 2158650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STM.PA Weekly and Daily overview Charts
STM.PA Setup Rating and Analysis
Besides having an excellent technical rating, STM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 45.71, a Stop Loss order could be placed below this zone.
More info and screens
STM.PA Support and Resistance Analysis
28.89
We found 5 important support areas.
- A support zone ranging from 45.56 to 45.71. 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 44.22 to 44.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.41 to 35.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.79 from a trend line in the weekly time frame.
- Support @29.18 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @46.27 from a horizontal line in the weekly time frame.
- Resistance @47.05 from a horizontal line in the daily time frame.
STM.PA 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 STM.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STM.PA is up. |
| ChartMill Relative Strength | 97.64 | POSITIVE | STM.PA has a high relative strength, it outperformed 97.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STM.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STM.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STM.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.19 | NEUTRAL | The RSI value for STM.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests STM.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.54 | OVERBOUGHT | The high Stochastics value suggests STM.PA may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for STM.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.22 | POSITIVE | The high ADX value value for STM.PA suggests a strong trend. |
STM.PA Chart- and CandleStick Pattern Analysis
STM.PA 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 |
|---|---|---|---|
| 46.28 | 45.55 | 0.73 (1.58%) | 25.00% |
| An entry @46.28. This is a Buy Stop order right above the resistance zone. | An exit @45.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.73 points, which is 1.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
- The distance between exit and entry is rather small compared to the average daily movement of STM. 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.
STM.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:STM (3/10/2023, 7:00:00 PM)
46.26
-0.78 (-1.66%)
STMICROELECTRONICS NV / STM.PA TA FAQ
What is the ChartMill technical rating of STMICROELECTRONICS NV (STM.PA) stock?
ChartMill assigns a technical rating of 9 / 10 to STM.PA.
Can you provide the trend direction for STMICROELECTRONICS NV?
The current trend direction for STMICROELECTRONICS NV (STM.PA) is Bullish.
Can you provide the RSI signal for STMICROELECTRONICS NV?
STMICROELECTRONICS NV (STM.PA) has an RSI value of 58.1948. This indicates that the stock is currently neutral.
Can you provide the MACD signal for STMICROELECTRONICS NV?
The MACD indicator for STMICROELECTRONICS NV (STM.PA) has a value of -0.113841, indicating a bearish trend.
Can you provide the short term momentum for STMICROELECTRONICS NV?
The short term momentum for STMICROELECTRONICS NV (STM.PA) is positive.