STONECO LTD-A (STNE) Stock Technical Analysis
NASDAQ:STNE - Nasdaq - KYG851581069 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to STNE. In the last year, STNE was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, STNE is a bad performer in the overall market: 73% of all stocks are doing better.
STNE is one of the lesser performing stocks in the Financial Services industry. 66% of 101 stocks in the same industry do better.
In the last month STNE has a been trading in the 13.24 - 16.68 range, which is quite wide. It is currently trading near the lows of this range.
STNE has an average volume of 5844420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
STNE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STNE is lagging the market.
STNE has a poor technical rating and the quality of the setup is also not perfect 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
13.10
16.26
When analyzing the support we notice one important area.
- A support zone ranging from 13.23 to 13.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @16.10 from a trend line 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 | DOWN | NEGATIVE | The short term trend for STNE is down. |
| ChartMill Relative Strength | 27.68 | NEGATIVE | STNE has a low relative strength, it was outperformed by 72.32% 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) | 37.18 | NEUTRAL | The RSI value for STNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests STNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.38 | OVERSOLD | The low Stochastics value suggests STNE may be oversold. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for STNE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for STNE suggests a possible start of a new 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)
13.38
+0.04 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.3%
1 Week-2.12%
2 Weeks-13.51%
1 Month-10.5%
3 Month-2.69%
6 Month53.97%
12 Month-0.89%
2 Year-7.66%
3 Year39.67%
5 Year-71.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%4.37%
ATR Inc-20.55%
Range Today0.22
ADR(20)0.54
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.68
Mansfield0.58
10 Day High15.54
10 Day Low13.25
20 Day High16.68
20 Day Low13.25
52 Week High16.68
52 Week Low7.72
CS1 End13.37
CR1 Start16.1
Volume & EV
DER(3)1.66%
DER(5)1.78%
Volume3.19M
Volume Incr5.5%
Vol(5)5.55M
Vol(50)5.84M