SITIO ROYALTIES CORP-A (STR) Stock Technical Analysis
NYSE:STR - New York Stock Exchange, Inc. - US82983N1081 - Common Stock - Currency: USD
Overall STR gets a technical rating of 0 out of 10. STR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
79% of all other stocks performed better in the past year than STR.
STR has an average volume of 1569790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, STR did better than 40% of them.
STR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STR is lagging the market.
In the last month STR has a been trading in the 17.41 - 19.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
STR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.02, a Stop Loss order could be placed below this zone.
More info and screens
17.43
25.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.00 to 18.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.61 to 17.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 18.33 to 18.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.10 to 19.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.80 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.28 to 20.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for STR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STR is neutral. |
| ChartMill Relative Strength | 21.24 | NEGATIVE | STR has a low relative strength, it was outperformed by 78.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STR is below a declining 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) | 46.36 | NEUTRAL | The RSI value for STR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests STR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.72 | NEUTRAL | The Stochastics value for STR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for STR suggests some volalility. |
| Average Directional Index/ADX (14) | 7.78 | NEGATIVE | The low ADX value for STR suggests a weak or negative 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)
18.12
-0.18 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.98%
1 Week-0.28%
2 Weeks0.06%
1 Month-0.17%
3 Month5.47%
6 Month-9.45%
12 Month-17.6%
2 Year-28.66%
3 Year-28.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.7%
ATR Inc-23.09%
Range Today0.44
ADR(20)0.48
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.24
Mansfield-1.73
10 Day High19.05
10 Day Low17.94
20 Day High19.05
20 Day Low17.41
52 Week High25.52
52 Week Low14.58
CS1 End18.02
CR1 Start18.33
Volume & EV
DER(3)2.33%
DER(5)1.99%
Volume15.92M
Volume Incr336.27%
Vol(5)4.34M
Vol(50)1.57M