STMICROELECTRONICS NV-NY SHS (STM) Technical Analysis
NYSE:STM • US8610121027
Current stock price
44.86 USD
+0.56 (+1.26%)
At close:
46.75 USD
+1.89 (+4.21%)
After Hours:
STM Technical Rating and Analysis
Taking everything into account, STM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STM is showing a nice and steady performance.
- 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 93% of all stocks. We also observe that the gains produced by STM over the past year are nicely spread over this period.
- 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 31.11 - 45.10 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- STM has an average volume of 9107020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- STM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, STM did better than 47% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
STM Weekly and Daily overview Charts
STM Setup Rating and Analysis
Although STM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
STM Support and Resistance Analysis
24.05
45.32
We found 3 important support areas.
- A support zone ranging from 33.47 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.36 from a horizontal line in the daily time frame.
- Support @24.29 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.87 to 44.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
STM 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STM is up. |
| ChartMill Relative Strength | 93.49 | POSITIVE | STM has a high relative strength, it outperformed 93.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.64 | OVERBOUGHT | The high RSI value suggests STM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests STM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.34 | OVERBOUGHT | The high Stochastics value suggests STM may be overbought. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for STM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.6 | POSITIVE | The high ADX value value for STM suggests a strong trend. |
STM Chart- and CandleStick Pattern Analysis
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)
STM Technicals: Chart, Performance Metrics, Trend & Indicators
44.86
+0.56 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.26%
1 Week10.28%
2 Weeks18.11%
1 Month40.41%
3 Month54.42%
6 Month80.45%
12 Month92.7%
2 Year13.4%
3 Year4.62%
5 Year20.3%
10 Year630.62%
15 Year277.61%
Volatility
ATR(14)1.48
ATR(20)%3.39%
ATR Inc-26.52%
Range Today1.09
ADR(20)1.23
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.49
3 months CRS97.47
6 months CRS97.24
Mansfield4.34
10 Day High45.11
10 Day Low38.07
20 Day High45.11
20 Day Low31.12
52 Week High45.11
52 Week Low21.11
CS1 End33.48
CR1 Start44.87
Volume & EV
DER(3)0.27%
DER(5)2.18%
Volume16.94M
Volume Incr65.33%
Vol(5)14.03M
Vol(50)9.11M
STMICROELECTRONICS NV-NY SHS / STM TA FAQ
What is the ChartMill technical rating of STMICROELECTRONICS NV-NY SHS (STM) stock?
ChartMill assigns a technical rating of 10 / 10 to STM.
Can you provide the trend direction for STMICROELECTRONICS NV-NY SHS?
The current trend direction for STMICROELECTRONICS NV-NY SHS (STM) is Bullish.
Can you provide the RSI signal for STMICROELECTRONICS NV-NY SHS?
STMICROELECTRONICS NV-NY SHS (STM) has an RSI value of 80.6393. This indicates that the stock is currently overbought.
Can you provide the MACD signal for STMICROELECTRONICS NV-NY SHS?
The MACD indicator for STMICROELECTRONICS NV-NY SHS (STM) has a value of 0.705384, indicating a bearish trend.
Can you provide the short term momentum for STMICROELECTRONICS NV-NY SHS?
The short term momentum for STMICROELECTRONICS NV-NY SHS (STM) is positive.