SCORPIO TANKERS INC (STNG) Stock Technical Analysis
NYSE:STNG - New York Stock Exchange, Inc. - MHY7542C1306 - Common Stock - Currency: USD
Taking everything into account, STNG scores 3 out of 10 in our technical rating. In the past year, STNG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, STNG is a bad performer in the overall market: 85% of all stocks are doing better.
STNG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 70% are performing better than STNG.
STNG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STNG is lagging the market.
STNG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is bad, STNG does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for STNG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.06
42.67
We found 1 important support area.
- A support zone ranging from 39.45 to 40.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.33 to 41.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.08 to 42.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 STNG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STNG is neutral. |
| ChartMill Relative Strength | 15.58 | NEGATIVE | STNG has a low relative strength, it was outperformed by 84.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of STNG is below 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 | NEGATIVE | The current price of STNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for STNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests STNG has a negative trend. |
| Stochastics (14,3) | 27.3 | NEUTRAL | The Stochastics value for STNG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for STNG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.95 | 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)
40.05
+0.59 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.5%
1 Week-4.8%
2 Weeks-2.6%
1 Month7.34%
3 Month-2.86%
6 Month-24.06%
12 Month-50.79%
2 Year-12.5%
3 Year21.18%
5 Year125.76%
10 Year-56.09%
15 Year-65.17%
Volatility
ATR(14)1.23
ATR(20)%3.41%
ATR Inc2.24%
Range Today1.19
ADR(20)1.32
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.58
Mansfield-3.13
10 Day High43.15
10 Day Low38.89
20 Day High43.15
20 Day Low36.07
52 Week High84.67
52 Week Low30.63
CS1 End40.04
CR1 Start40.33
Volume & EV
DER(3)4.22%
DER(5)2.88%
Volume402.50K
Volume Incr-48.92%
Vol(5)461.44K
Vol(50)963.67K