STOKE THERAPEUTICS INC (STOK) Technical Analysis
NASDAQ:STOK • US86150R1077
Current stock price
STOK Technical Rating and Analysis
Taking everything into account, STOK scores 7 out of 10 in our technical rating. 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 may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that STOK is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by STOK over the past year are nicely spread over this period.
- STOK is part of the Biotechnology industry. There are 517 other stocks in this industry. STOK outperforms 93% of them.
- STOK 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 STOK is performing more or less in line with the market.
- In the last month STOK has a been trading in the 29.86 - 40.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
STOK Weekly and Daily overview Charts
STOK Setup Rating and Analysis
Besides having an excellent technical rating, STOK also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 33.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
STOK Support and Resistance Analysis
28.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.52 to 33.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.70 to 28.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
STOK Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for STOK is neutral. |
| ChartMill Relative Strength | 98.61 | POSITIVE | STOK has a high relative strength, it outperformed 98.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STOK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of STOK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STOK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.22 | NEUTRAL | The RSI value for STOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests STOK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.07 | NEUTRAL | The Stochastics value for STOK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for STOK suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for STOK suggests a weak or negative trend. |
STOK Chart- and CandleStick Pattern Analysis
STOK 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.89 | 32.51 | 2.38 (6.83%) | 14.65% |
| An entry @34.89. This is a Buy Stop order right above the 10 day moving average. | An exit @32.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.38 points, which is 6.83%. | For a 1.00% total portfolio risk, you can invest 14.65% of your capital in this trade. |
- 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.
STOK Technicals: Chart, Performance Metrics, Trend & Indicators
33.51
+0.32 (+0.96%)
STOKE THERAPEUTICS INC / STOK TA FAQ
What is the technical rating for STOK stock?
ChartMill assigns a technical rating of 7 / 10 to STOK.
Can you provide the trend direction for STOKE THERAPEUTICS INC?
The current trend direction for STOKE THERAPEUTICS INC (STOK) is Bullish.
Can you provide the RSI signal for STOKE THERAPEUTICS INC?
STOKE THERAPEUTICS INC (STOK) has an RSI value of 48.2161. This indicates that the stock is currently neutral.
What is the MACD signal for STOKE THERAPEUTICS INC (STOK) stock?
The MACD indicator for STOKE THERAPEUTICS INC (STOK) has a value of -0.533632, indicating a bearish trend.