STONECO LTD-A (STNE) Stock Technical Analysis
NASDAQ:STNE - Nasdaq - KYG851581069 - Common Stock - Currency: USD
Overall STNE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STNE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
STNE is one of the better performing stocks in the Financial Services industry, it outperforms 88% of 99 stocks in the same industry.
STNE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so STNE is performing more or less in line with the market.
STNE has an average volume of 6450320 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 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month STNE has a been trading in the 12.80 - 14.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
STNE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.66, a Stop Loss order could be placed below this zone.
More info and screens
11.05
14.50
We found 3 important support areas.
- A support zone ranging from 13.58 to 13.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.90 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.16 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.78 to 13.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.23 to 14.36. This zone is formed by a combination of multiple trend lines 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 | 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 | 89.42 | POSITIVE | STNE has a high relative strength, it outperformed 89.42% 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) | 53.04 | NEUTRAL | The RSI value for STNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests STNE has a negative trend. |
| Stochastics (14,3) | 66.23 | NEUTRAL | The Stochastics value for STNE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for STNE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.62 | 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)
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 |
|---|---|---|---|
| 13.88 | 13.57 | 0.31 (2.23%) | 25.00% |
| An entry @13.88. This is a Buy Stop order right above the resistance zone. | An exit @13.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 2.23%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of STNE. Please evaluate whether better entry and exit points can be found.
- 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.
13.76
-0.18 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.29%
1 Week1.7%
2 Weeks0.81%
1 Month3.61%
3 Month41.56%
6 Month52.55%
12 Month13.34%
2 Year8.01%
3 Year78.7%
5 Year-64.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%4.1%
ATR Inc-2.24%
Range Today0.36
ADR(20)0.56
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
CRS89.42
Mansfield1.66
10 Day High14.57
10 Day Low13.05
20 Day High14.57
20 Day Low12.8
52 Week High15.08
52 Week Low7.72
CS1 End13.66
CR1 Start13.78
Volume & EV
DER(3)0.92%
DER(5)0.86%
Volume5.04M
Volume Incr3.92%
Vol(5)7.05M
Vol(50)6.45M