STMICROELECTRONICS NV-NY SHS (STM)

US8610121027

40.31  +0.24 (+0.6%)

Premarket: 41.67 +1.36 (+3.37%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to STM. STM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than STM.
STM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 107 stocks in the same industry do better.
STM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month STM has a been trading in the 38.37 - 43.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
STM has an average volume of 3417730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
STM Weekly chart
STM Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, STM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

37.30

48.58

We found 2 important support areas.

  • A support zone ranging from 38.59 to 38.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 37.68 to 37.69. This zone is formed by a combination of multiple trend lines in the daily time frame.

5 important resistance areas can be observed.

  • A resistance zone ranging from 40.51 to 41.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 42.28 to 43.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @44.22 from a trend line in the weekly time frame.
  • Resistance @47.24 from a trend line in the weekly time frame.
  • Resistance @48.10 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.3
Mansfield-2.05
10 Day High43.15
10 Day Low38.49
20 Day High43.47
20 Day Low38.37
52 Week High55.85
52 Week Low37.21
Performance
1 Week-2.11%
2 Weeks2.7%
1 Month-4.61%
3 Month-12.86%
6 Month-3.5%
12 Month-4.97%
2 Year0.57%
3 Year7.95%
5 Year168.02%
10 Year304.72%
15 Year447.69%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)45.39
LBB37.86
UBB42.55
STM Daily chart

STMICROELECTRONICS NV-NY SHS

NYSE:STM (5/6/2024, 7:04:01 PM)

Premarket: 41.67 +1.36 (+3.37%)

40.31

+0.24 (+0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.6%
1 Week-2.11%
2 Weeks2.7%
1 Month-4.61%
3 Month-12.86%
6 Month-3.5%
12 Month-4.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.14
ATR(20)%2.86%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High43.15
10 Day Low38.49
20 Day High43.47
20 Day Low38.37
52 Week High55.85
52 Week Low37.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.29M
Volume Incr-15.58%
Vol(5)3.07M
Vol(50)3.42M