SUPERNOVA PARTNERS ACQUISI-A (STRE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STRE - KYG8T90F1020 - Common Stock
Overall STRE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STRE is showing a nice and steady performance.
Although STRE has an excellent technical rating, it does not present a decent entry opportunity 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
9.58
We found 2 important support 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.
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. |
NYSE:STRE (3/24/2023, 8:04:01 PM)
10.23
-0.03 (-0.29%)
SUPERNOVA PARTNERS ACQUISI-A / STRE FAQ
What is the technical rating for STRE stock?
ChartMill assigns a technical rating of 9 / 10 to STRE.
What is the current trend direction of SUPERNOVA PARTNERS ACQUISI-A (STRE) stock?
The current trend direction for SUPERNOVA PARTNERS ACQUISI-A (STRE) is Bullish.
What is the RSI signal for STRE stock?
SUPERNOVA PARTNERS ACQUISI-A (STRE) has an RSI value of 64.5443. This indicates that the stock is currently neutral.
What is the MACD signal for STRE stock?
The MACD indicator for SUPERNOVA PARTNERS ACQUISI-A (STRE) has a value of 0.00228674, indicating a bearish trend.
What is the short term momentum for SUPERNOVA PARTNERS ACQUISI-A (STRE) stock?
The short term momentum for SUPERNOVA PARTNERS ACQUISI-A (STRE) is positive.