Taking everything into account, STNE scores 3 out of 10 in our technical rating. Although STNE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of STNE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.78
2 important support areas can be observed.
- A support zone ranging from 14.67 to 14.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.91 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @19.40 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 | NEUTRAL | NEUTRAL | The long term trend for STNE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STNE is down. |
| ChartMill Relative Strength | 87.9 | POSITIVE | STNE has a high relative strength, it outperformed 87.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STNE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STNE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.39 | OVERSOLD | The low RSI value suggests STNE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests STNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.91 | OVERSOLD | The low Stochastics value suggests STNE may be oversold. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for STNE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for STNE suggests a strong trend. |
14.97
+0.29 (+1.98%)
STONECO LTD-A / STNE FAQ
Can you provide the ChartMill technical rating for STONECO LTD-A?
ChartMill assigns a technical rating of 3 / 10 to STNE.
What is the trend direction for STNE stock?
The current trend direction for STONECO LTD-A (STNE) is Bearish.
Can you provide the RSI signal for STONECO LTD-A?
STONECO LTD-A (STNE) has an RSI value of 29.3868. This indicates that the stock is currently oversold.
What is the support and resistance level for STNE stock?
STONECO LTD-A (STNE) has a support level at 14.71 and a resistance level at 19.4. Check the full technical report for our detailed analysis of STNE support and resistance levels.