SUPERNOVA PARTNERS ACQUISI-A (STRE) Technical Analysis
NYSE:STRE • KYG8T90F1020
Current stock price
STRE Technical Rating and Analysis
Taking everything into account, STRE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, STRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that STRE is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, STRE also shows a nice and consistent pattern of rising prices.
- STRE 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 STRE is lagging the market slightly.
- In the last month STRE has a been trading in a tight range between 10.17 and 10.28.
- Considerably lower volume is observed in the last couple of days.
STRE Weekly and Daily overview Charts
STRE Setup Rating and Analysis
Although STRE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
STRE Support and Resistance Analysis
9.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.16 to 10.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.68 to 9.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.24 to 10.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
STRE 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 STRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STRE is up. |
| ChartMill Relative Strength | 78 | POSITIVE | STRE has a high relative strength, it outperformed 78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.54 | NEUTRAL | The RSI value for STRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.67 | NEUTRAL | The Stochastics value for STRE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for STRE suggests low volalility. |
| Average Directional Index/ADX (14) | 78.08 | POSITIVE | The high ADX value value for STRE suggests a strong trend. |
STRE Chart- and CandleStick Pattern Analysis
STRE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:STRE (3/24/2023, 8:04:01 PM)
10.23
-0.03 (-0.29%)
SUPERNOVA PARTNERS ACQUISI-A / STRE TA FAQ
What is the technical rating for STRE stock?
ChartMill assigns a technical rating of 9 / 10 to STRE.
Can you provide the trend direction for SUPERNOVA PARTNERS ACQUISI-A?
The current trend direction for SUPERNOVA PARTNERS ACQUISI-A (STRE) is Bullish.
Can you provide the RSI signal for SUPERNOVA PARTNERS ACQUISI-A?
SUPERNOVA PARTNERS ACQUISI-A (STRE) has an RSI value of 64.5443. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SUPERNOVA PARTNERS ACQUISI-A?
The MACD indicator for SUPERNOVA PARTNERS ACQUISI-A (STRE) has a value of 0.00228674, indicating a bearish trend.
Can you provide the short term momentum for SUPERNOVA PARTNERS ACQUISI-A?
The short term momentum for SUPERNOVA PARTNERS ACQUISI-A (STRE) is positive.