STMICROELECTRONICS NV-NY SHS (STM) Stock Technical Analysis
NYSE:STM - New York Stock Exchange, Inc. - US8610121027 - Currency: USD
Overall STM gets a technical rating of 7 out of 10. Although STM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, STM is a bad performer in the overall market: 71% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
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 7359550 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 110 other stocks in this industry, STM did better than 57% of them.
STM is currently trading in the middle 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 slightly.
STM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
24.17
30.70
When analyzing the support we can see 2 important areas.
- Support @26.99 from a trend line in the daily time frame.
- A support zone ranging from 24.41 to 24.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.18 to 29.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.36 to 30.40. 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 | 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 | 29.46 | NEGATIVE | STM has a low relative strength, it was outperformed by 70.54% 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 | MIXED | The current price of STM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.78 | NEUTRAL | The RSI value for STM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests STM has a negative trend. |
| Stochastics (14,3) | 71.42 | NEUTRAL | The Stochastics value for STM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for STM suggests some volalility. |
| Average Directional Index/ADX (14) | 32.04 | 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)
28.67
-0.35 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.21%
1 Week-4.15%
2 Weeks1.34%
1 Month13.54%
3 Month19.41%
6 Month16.5%
12 Month-29.71%
2 Year-42.65%
3 Year-8.9%
5 Year4.6%
10 Year253.08%
15 Year262.45%
Volatility
ATR(14)0.94
ATR(20)%3.19%
ATR Inc-19.75%
Range Today0.85
ADR(20)0.67
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.46
Mansfield0.1
10 Day High30.54
10 Day Low28.32
20 Day High30.54
20 Day Low24.27
52 Week High43.32
52 Week Low17.25
CS1 End26.99
CR1 Start29.18
Volume & EV
DER(3)0.18%
DER(5)0.27%
Volume6.87M
Volume Incr-1.14%
Vol(5)7.00M
Vol(50)7.36M