STMICROELECTRONICS NV-NY SHS (STM) Stock Technical Analysis
NYSE:STM - US8610121027
27.52 USD
+1.64 (+6.34%)
27.5 USD
-0.02 (-0.07%)
We assign a technical rating of 3 out of 10 to STM. STM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, STM is a bad performer in the overall market: 70% of all stocks are doing better.
STM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 63% of 110 stocks in the same industry do better.
In the last month STM has a been trading in the 24.55 - 27.64 range, which is quite wide. It is currently trading near the high of this range.
STM has an average volume of 7639120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
STM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of STM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.17
31.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.51 to 25.99. 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 24.41 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @31.47 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for STM is neutral. |
| ChartMill Relative Strength | 30.32 | 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) | DOWN | NEGATIVE | The current price of STM is below a declining 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) | 54.77 | NEUTRAL | The RSI value for STM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests STM has a positive trend. |
| Stochastics (14,3) | 83.18 | OVERBOUGHT | The high Stochastics value suggests STM may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for STM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.45 | POSITIVE | The high ADX value value for STM suggests a strong 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)
27.52
+1.64 (+6.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg6.34%
1 Week7.29%
2 Weeks9.34%
1 Month4.56%
3 Month12.74%
6 Month-0.25%
12 Month-12.99%
2 Year-41.77%
3 Year-21.15%
5 Year-9.02%
10 Year282.22%
15 Year320.15%
Volatility
ATR(14)0.64
ATR(20)%2.24%
ATR Inc79.57%
Range Today1.34
ADR(20)0.53
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.32
Mansfield-0.39
10 Day High27.65
10 Day Low24.72
20 Day High27.65
20 Day Low24.55
52 Week High33.47
52 Week Low17.25
CS1 End25.99
CR1 Start31.47
Volume & EV
DER(3)3.96%
DER(5)2.66%
Volume7.97M
Volume Incr-30.98%
Vol(5)6.11M
Vol(50)7.64M