SCORPIO TANKERS INC (STNG)

MHY7542C1306 - Common Stock

80.51  -0.24 (-0.3%)

After market: 80.51 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to STNG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that STNG is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, STNG also shows a nice and consistent pattern of rising prices.
STNG is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 212 stocks in the same industry.
STNG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month STNG has a been trading in the 75.24 - 82.62 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
STNG Weekly chart
STNG Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, STNG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 82.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.89, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

69.72

83.81

2 important support areas can be observed.

  • A support zone ranging from 75.00 to 76.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 70.42 to 72.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 82.07 to 82.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.5
Mansfield1.36
10 Day High82.24
10 Day Low75.24
20 Day High82.62
20 Day Low75.24
52 Week High83.33
52 Week Low40.34
Performance
1 Week0.5%
2 Weeks-0.6%
1 Month-2.98%
3 Month11.05%
6 Month24.69%
12 Month82.73%
2 Year133.3%
3 Year265.13%
5 Year172.73%
10 Year-20.84%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.37
RSI(14)54.46
LBB76.5
UBB83.04
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
82.9975.237.76 (9.35%)10.69%
An entry @82.99. This is a Buy Stop order right above the resistance zone.An exit @75.23. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 7.76 points, which is 9.35%.For a 1.00% total portfolio risk, you can invest 10.69% of your capital in this trade.

  • 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.
STNG Daily chart

SCORPIO TANKERS INC

NYSE:STNG (6/20/2024, 3:15:01 PM)

After market: 80.51 0 (0%)

80.51

-0.24 (-0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.3%
1 Week0.5%
2 Weeks-0.6%
1 Month-2.98%
3 Month11.05%
6 Month24.69%
12 Month82.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.16
ATR(20)%2.51%
ATR Inc
Range Today1.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High82.24
10 Day Low75.24
20 Day High82.62
20 Day Low75.24
52 Week High83.33
52 Week Low40.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume853.53K
Volume Incr30.95%
Vol(5)876.57K
Vol(50)709.37K