STONECO LTD-A (STNE) Stock Technical Analysis
NASDAQ:STNE - KYG851581069 - Common Stock
15.93 USD
+0.26 (+1.66%)
15.92 USD
-0.01 (-0.06%)
Overall STNE gets a technical rating of 8 out of 10. Although STNE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
STNE is part of the Financial Services industry. There are 100 other stocks in this industry. STNE outperforms 79% of them.
STNE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STNE is lagging the market slightly.
In the last month STNE has a been trading in the 12.54 - 16.00 range, which is quite wide. It is currently trading near the high of this range.
STNE has an average volume of 5076510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that STNE is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although STNE has an excellent technical rating, the quality of the presented setup is not ideal 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
16.34
We found 3 important support areas.
- A support zone ranging from 14.73 to 14.80. 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 13.17 to 13.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.91 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.96 to 16.18. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for STNE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STNE is up. |
| ChartMill Relative Strength | 77.08 | POSITIVE | STNE has a high relative strength, it outperformed 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STNE is above the rising 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) | 62.32 | NEUTRAL | The RSI value for STNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests STNE has a positive trend. |
| Stochastics (14,3) | 83.3 | OVERBOUGHT | The high Stochastics value suggests STNE may be overbought. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for STNE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.29 | POSITIVE | The high ADX value value for STNE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.19 | 14.43 | 1.76 (10.87%) | 9.20% |
| An entry @16.19. This is a Buy Stop order right above the resistance zone. | An exit @14.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.76 points, which is 10.87%. | When investing 9.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.93
+0.26 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.66%
1 Week4.96%
2 Weeks3.16%
1 Month19.39%
3 Month14.8%
6 Month69.41%
12 Month18.18%
2 Year27.81%
3 Year65.3%
5 Year-69.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%3.41%
ATR Inc-48.27%
Range Today0.51
ADR(20)0.48
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.08
Mansfield2.32
10 Day High16.01
10 Day Low14.44
20 Day High16.01
20 Day Low12.54
52 Week High16.68
52 Week Low7.72
CS1 End14.8
CR1 Start15.96
Volume & EV
DER(3)5.22%
DER(5)4.28%
Volume2.58M
Volume Incr-13.43%
Vol(5)4.26M
Vol(50)5.08M