STONECO LTD-A (STNE) Technical Analysis
NASDAQ:STNE • KYG851581069
Current stock price
STNE Technical Rating and Analysis
Overall STNE gets a technical rating of 1 out of 10. STNE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- STNE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- STNE is part of the Financial Services industry. There are 98 other stocks in this industry. STNE outperforms 84% of them.
- STNE has an average volume of 5712480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, STNE did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- STNE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STNE is lagging the market slightly.
STNE Weekly and Daily overview Charts
STNE Setup Rating and Analysis
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
STNE Support and Resistance Analysis
13.57
We found 1 important support area.
- A support zone ranging from 13.71 to 13.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @14.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.43 to 17.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
STNE Technical Indicator Signal Analysis
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 | 74 | POSITIVE | STNE has a high relative strength, it outperformed 74% 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) | 38.79 | NEUTRAL | The RSI value for STNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests STNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.88 | OVERSOLD | The low Stochastics value suggests STNE may be oversold. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for STNE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for STNE suggests a possible start of a new trend. |
STNE Chart- and CandleStick Pattern Analysis
STNE Technicals: Chart, Performance Metrics, Trend & Indicators
13.89
-0.01 (-0.07%)
STONECO LTD-A / STNE TA FAQ
Can you provide the ChartMill technical rating for STONECO LTD-A?
ChartMill assigns a technical rating of 1 / 10 to STNE.
Can you provide the trend direction for STONECO LTD-A?
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 38.7936. This indicates that the stock is currently neutral.
What is the buy/sell signal for STONECO LTD-A (STNE) stock?
The buy/sell signal for STONECO LTD-A (STNE) is sell as both the short term and long term trends are negative.
What is the support and resistance level for STNE stock?
STONECO LTD-A (STNE) has a support level at 13.78 and a resistance level at 14.56. Check the full technical report for our detailed analysis of STNE support and resistance levels.