Taking everything into account, STNE scores 4 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.
STNE has an average technical rating and it also does not offer a high 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.
13.99
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 STNE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STNE is down. |
| ChartMill Relative Strength | 88.13 | POSITIVE | STNE has a high relative strength, it outperformed 88.13% 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 | MIXED | The current price of STNE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.98 | NEUTRAL | The RSI value for STNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests STNE has a positive trend. |
| Stochastics (14,3) | 28.18 | NEUTRAL | The Stochastics value for STNE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for STNE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for STNE suggests a weak or negative trend. |
14.67
-0.06 (-0.41%)
ChartMill assigns a technical rating of 4 / 10 to STNE.
The current trend direction for STONECO LTD-A (STNE) is Bearish.
STONECO LTD-A (STNE) has an RSI value of 41.9843. This indicates that the stock is currently neutral.
The buy/sell signal for STONECO LTD-A (STNE) is sell as both the short term and long term trends are negative.
STONECO LTD-A (STNE) has a support level at 14.29 and a resistance level at 14.74. Check the full technical report for our detailed analysis of STNE support and resistance levels.