STMICROELECTRONICS NV-NY SHS (STM) Stock Technical Analysis
NYSE:STM - New York Stock Exchange, Inc. - US8610121027 - Currency: USD
We assign a technical rating of 6 out of 10 to STM. STM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
82% of all other stocks performed better in the past year than STM.
STM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STM is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
STM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
STM has an average volume of 7576980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STM is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 45% of 110 stocks in the same industry.
STM has an average technical rating and the quality of the presented setup is also not ideal 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
24.17
28.61
When analyzing the support we notice one important area.
- A support zone ranging from 24.41 to 24.44. 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 3 important areas.
- A resistance zone ranging from 26.12 to 26.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @27.59 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 28.22 to 28.33. This zone is formed by a combination of multiple trend lines 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 STM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STM is up. |
| ChartMill Relative Strength | 18.89 | NEGATIVE | STM has a low relative strength, it was outperformed by 81.11% 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) | DOWN | NEGATIVE | The current price of STM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.23 | NEUTRAL | The RSI value for STM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests STM has a negative trend. |
| Stochastics (14,3) | 65.57 | NEUTRAL | The Stochastics value for STM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for STM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for STM 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)
25.38
+0.97 (+3.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.97%
1 Week-1.74%
2 Weeks-0.16%
1 Month9.63%
3 Month2.79%
6 Month-0.47%
12 Month-39.53%
2 Year-41.57%
3 Year-36.68%
5 Year2.13%
10 Year198.59%
15 Year227.91%
Volatility
ATR(14)0.71
ATR(20)%2.73%
ATR Inc79.43%
Range Today0.53
ADR(20)0.5
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.89
Mansfield-1.33
10 Day High26.29
10 Day Low24.27
20 Day High26.29
20 Day Low21.97
52 Week High45.39
52 Week Low17.25
CS1 End24.44
CR1 Start26.12
Volume & EV
DER(3)0.11%
DER(5)-0.43%
Volume7.12M
Volume Incr9.2%
Vol(5)6.92M
Vol(50)7.58M