STANTEC INC (STN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STN - CA85472N1096 - Common Stock
We assign a technical rating of 3 out of 10 to STN. In the past year, STN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- STN 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.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, STN outperforms 64% of them, which is more or less in line with the market.
- STN is part of the Construction & Engineering industry. There are 54 other stocks in this industry, STN did better than 50% of them.
- STN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STN is lagging the market.
Although the technical rating is bad, STN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 98.18, a Stop Loss order could be placed below this zone.
More info and screens
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2 important support areas can be observed.
- A support zone ranging from 95.73 to 98.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.03 to 94.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 111.99 to 113.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for STN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STN is up. |
| ChartMill Relative Strength | 64.02 | NEUTRAL | STN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of STN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.49 | NEUTRAL | The RSI value for STN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests STN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.04 | NEUTRAL | The Stochastics value for STN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for STN suggests low volalility. |
| Average Directional Index/ADX (14) | 23.88 | NEUTRAL | The ADX value for STN suggests a possible start of a new trend. |
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+0.92 (+0.94%)
STANTEC INC / STN FAQ
Can you provide the ChartMill technical rating for STANTEC INC?
ChartMill assigns a technical rating of 3 / 10 to STN.
Can you provide the trend direction for STANTEC INC?
The current trend direction for STANTEC INC (STN) is Bearish.
Can you provide the RSI signal for STANTEC INC?
STANTEC INC (STN) has an RSI value of 57.485. This indicates that the stock is currently neutral.
What is the short term momentum for STN stock?
The short term momentum for STANTEC INC (STN) is positive.
Can you provide the support and resistance levels for STANTEC INC?
STANTEC INC (STN) has a support level at 98.18 and a resistance level at 111.99. Check the full technical report for our detailed analysis of STN support and resistance levels.