SCORPIO TANKERS INC (STNG) Stock Technical Analysis
NYSE:STNG - New York Stock Exchange, Inc. - MHY7542C1306 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to STNG. In the last year, STNG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, STNG is a bad performer in the overall market: 81% of all stocks are doing better.
STNG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 68% of 208 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month STNG has a been trading in the 41.50 - 49.44 range, which is quite wide. It is currently trading near the high of this range.
STNG has an average volume of 1173230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STNG is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
STNG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
39.07
49.49
We found 2 important support areas.
- A support zone ranging from 42.26 to 42.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.46 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for STNG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STNG is up. |
| ChartMill Relative Strength | 19.61 | NEGATIVE | STNG has a low relative strength, it was outperformed by 80.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of STNG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.29 | OVERBOUGHT | The high RSI value suggests STNG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests STNG has a positive trend. |
| Stochastics (14,3) | 89.08 | OVERBOUGHT | The high Stochastics value suggests STNG may be overbought. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for STNG suggests some volalility. |
| Average Directional Index/ADX (14) | 25.48 | POSITIVE | The high ADX value value for STNG 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)
49
+1.18 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.47%
1 Week8.65%
2 Weeks13.45%
1 Month14.27%
3 Month19.16%
6 Month4.06%
12 Month-34.02%
2 Year-2.99%
3 Year17.79%
5 Year313.85%
10 Year-48.2%
15 Year-54.71%
Volatility
ATR(14)1.64
ATR(20)%3.83%
ATR Inc0.04%
Range Today1.84
ADR(20)1.83
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.61
Mansfield-0.86
10 Day High49.44
10 Day Low43.4
20 Day High49.44
20 Day Low41.5
52 Week High75.35
52 Week Low30.63
CS1 End42.81
CR1 StartN/A
Volume & EV
DER(3)-1.92%
DER(5)-0.62%
Volume1.20M
Volume Incr23.54%
Vol(5)1.52M
Vol(50)1.17M