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 1 out of 10. STR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, STR is a bad performer in the overall market: 83% of all stocks are doing better.
STR is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 71% are performing better than STR.
In the last month STR has a been trading in the 17.41 - 19.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
STR has an average volume of 1381570 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 currently trading near new highs, so STR is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, STR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.39, a Stop Loss order could be placed below this zone.
More info and screens
16.79
25.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.25 to 18.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.61 to 17.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 18.55 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 19.66 to 19.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.42 to 20.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.52 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 | 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 | 17.34 | NEGATIVE | STR has a low relative strength, it was outperformed by 82.66% 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) | 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) | 50.59 | NEUTRAL | The RSI value for STR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests STR has a positive trend. |
| Stochastics (14,3) | 63.3 | NEUTRAL | The Stochastics value for STR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for STR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | 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)
18.45
+0.15 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.82%
1 Week0.49%
2 Weeks3.19%
1 Month0.22%
3 Month7.33%
6 Month-12.85%
12 Month-23.82%
2 Year-32.52%
3 Year-37.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.85%
ATR Inc-42.43%
Range Today0.32
ADR(20)0.51
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.34
Mansfield-1.69
10 Day High18.84
10 Day Low17.56
20 Day High19.03
20 Day Low17.41
52 Week High25.52
52 Week Low14.58
CS1 End18.39
CR1 Start18.55
Volume & EV
DER(3)1.25%
DER(5)0.6%
Volume742.08K
Volume Incr-42.73%
Vol(5)747.42K
Vol(50)1.38M