STMICROELECTRONICS NV-NY SHS (STM) Stock Technical Analysis
USA - NYSE:STM - US8610121027
29.34 USD
+0.37 (+1.28%)
29.31 USD
-0.03 (-0.1%)
Taking everything into account, STM scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, STM is a bad performer.
68% of all other stocks performed better in the past year than STM.
STM is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 72% are performing better than STM.
The long and short term trends are both positive. This is looking good!
STM 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 STM is lagging the market slightly.
In the last month STM has a been trading in the 27.07 - 29.59 range, which is quite wide. It is currently trading near the high of this range.
STM has an average volume of 6030340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, STM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for STM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.17
33.74
We found 4 important support areas.
- A support zone ranging from 27.11 to 27.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.35 from a trend line in the daily time frame.
- Support @25.06 from a horizontal line in the weekly time frame.
- Support @24.41 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @29.75 from a trend line in the weekly time frame.
- Resistance @32.55 from a horizontal line in the weekly time frame.
- Resistance @33.41 from a horizontal line 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 | 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 | 32.84 | NEUTRAL | STM is not amongst the best or worst performers 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) | 58.05 | NEUTRAL | The RSI value for STM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests STM has a positive trend. |
| Stochastics (14,3) | 75.47 | NEUTRAL | The Stochastics value for STM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for STM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for STM suggests a weak or negative 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)
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 |
|---|---|---|---|
| 29.76 | 27.06 | 2.70 (9.06%) | 11.04% |
| An entry @29.76. This is a Buy Stop order right above the resistance zone. | An exit @27.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.70 points, which is 9.06%. | For a 1.00% total portfolio risk, you can invest 11.04% 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.
29.34
+0.37 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.28%
1 Week2.23%
2 Weeks1.56%
1 Month3.35%
3 Month-9.86%
6 Month44.82%
12 Month4.82%
2 Year-22.75%
3 Year-5.72%
5 Year-3.93%
10 Year325.84%
15 Year234.55%
Volatility
ATR(14)0.8
ATR(20)%2.75%
ATR Inc-23.89%
Range Today0.53
ADR(20)0.65
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.84
Mansfield0.33
10 Day High29.59
10 Day Low27.08
20 Day High29.59
20 Day Low27.08
52 Week High33.47
52 Week Low17.25
CS1 End27.67
CR1 Start29.75
Volume & EV
DER(3)4.82%
DER(5)2.09%
Volume6.25M
Volume Incr13.78%
Vol(5)6.32M
Vol(50)6.03M