STOKE THERAPEUTICS INC (STOK) Stock Technical Analysis
NASDAQ:STOK - Nasdaq - US86150R1077 - Common Stock - Currency: USD
Taking everything into account, STOK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, STOK is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
STOK is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 551 stocks in the same industry.
STOK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STOK is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that STOK is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month STOK has a been trading in the 11.66 - 14.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, STOK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.11, a Stop Loss order could be placed below this zone.
More info and screens
11.23
14.06
We found 3 important support areas.
- A support zone ranging from 12.82 to 13.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.43 from a trend line in the daily time frame.
- A support zone ranging from 11.34 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @13.26 from a horizontal line in the weekly time frame.
- Resistance @13.92 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 | UP | POSITIVE | The long term trend for STOK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STOK is up. |
| ChartMill Relative Strength | 76.36 | POSITIVE | STOK has a high relative strength, it outperformed 76.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STOK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STOK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of STOK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.69 | NEUTRAL | The RSI value for STOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests STOK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.86 | NEUTRAL | The Stochastics value for STOK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for STOK suggests high volalility. |
| Average Directional Index/ADX (14) | 38.16 | POSITIVE | The high ADX value value for STOK 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)
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 |
|---|---|---|---|
| 13.27 | 12.81 | 0.46 (3.47%) | 25.00% |
| An entry @13.27. This is a Buy Stop order right above the resistance zone. | An exit @12.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.46 points, which is 3.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The distance between exit and entry is rather small compared to the average daily movement of STOK. 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.
13.25
+0.08 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.61%
1 Week3.11%
2 Weeks-1.92%
1 Month10.05%
3 Month41.56%
6 Month16.74%
12 Month-8.11%
2 Year135.77%
3 Year-12.02%
5 Year-54.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%6.17%
ATR Inc-42.63%
Range Today0.41
ADR(20)0.74
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.36
Mansfield1.02
10 Day High13.48
10 Day Low12.25
20 Day High14.99
20 Day Low11.66
52 Week High16.15
52 Week Low5.35
CS1 End13.11
CR1 Start13.26
Volume & EV
DER(3)-0.89%
DER(5)1.6%
Volume418.30K
Volume Incr-40.75%
Vol(5)464.98K
Vol(50)644.60K