SITIO ROYALTIES CORP-A (STR) Stock Technical Analysis
NYSE:STR - New York Stock Exchange, Inc. - US82983N1081 - Common Stock - Currency: USD
Taking everything into account, STR scores 6 out of 10 in our technical rating. STR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, STR is a bad performer in the overall market: 75% of all stocks are doing better.
STR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 61% of 213 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month STR has a been trading in the 16.70 - 20.78 range, which is quite wide. It is currently trading near the high of this range.
STR has an average volume of 1213530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STR is lagging the market slightly.
Volume is considerably higher in the last couple of days.
STR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.40. Right above this resistance zone may be a good entry point.
More info and screens
16.79
25.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.68 to 17.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.96 to 17.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 20.40 to 20.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.58 from a trend line in the weekly time frame.
- Resistance @25.33 from a horizontal line in the weekly 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 STR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STR is up. |
| ChartMill Relative Strength | 25.58 | NEGATIVE | STR has a low relative strength, it was outperformed by 74.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.7 | NEUTRAL | The RSI value for STR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests STR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.68 | NEUTRAL | The Stochastics value for STR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for STR suggests some volalility. |
| Average Directional Index/ADX (14) | 34.08 | POSITIVE | The high ADX value value for STR 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 |
|---|---|---|---|
| 20.50 | 19.27 | 1.23 (6.00%) | 16.67% |
| An entry @20.50. This is a Buy Stop order right above the resistance zone. | An exit @19.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.23 points, which is 6.00%. | When investing 16.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
19.71
-0.44 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.18%
1 Week-2.43%
2 Weeks1.86%
1 Month11.99%
3 Month-2.81%
6 Month5.12%
12 Month-12.13%
2 Year-24.97%
3 Year-14.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%3.51%
ATR Inc-35.45%
Range Today0.64
ADR(20)0.6
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.58
Mansfield-0.94
10 Day High20.78
10 Day Low19.28
20 Day High20.78
20 Day Low16.7
52 Week High25.64
52 Week Low14.58
CS1 End17.82
CR1 Start20.4
Volume & EV
DER(3)-2.87%
DER(5)-3.04%
Volume1.35M
Volume Incr7.41%
Vol(5)1.69M
Vol(50)1.21M