STERLING INFRASTRUCTURE INC (STRL) Technical Analysis
NASDAQ:STRL • US8592411016
Current stock price
STRL Technical Rating and Analysis
Taking everything into account, STRL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STRL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, STRL did better than 96% of all other stocks. We also observe that the gains produced by STRL over the past year are nicely spread over this period.
- STRL is one of the better performing stocks in the Construction & Engineering industry, it outperforms 88% of 55 stocks in the same industry.
- STRL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month STRL has a been trading in the 362.59 - 472.61 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
STRL Weekly and Daily overview Charts
STRL Setup Rating and Analysis
Besides having an excellent technical rating, STRL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
STRL Support and Resistance Analysis
297.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 419.93 to 429.86. 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 390.68 to 395.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @379.24 from a trend line in the weekly time frame.
- Support @300.67 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @464.55 from a horizontal line in the daily time frame.
STRL 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 STRL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STRL is up. |
| ChartMill Relative Strength | 96.85 | POSITIVE | STRL has a high relative strength, it outperformed 96.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STRL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for STRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.11 | POSITIVE | The MACD value suggests STRL has a positive trend. |
| Stochastics (14,3) | 91.74 | OVERBOUGHT | The high Stochastics value suggests STRL may be overbought. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for STRL suggests high volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for STRL suggests a weak or negative trend. |
STRL Chart- and CandleStick Pattern Analysis
STRL Example Setup
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 |
|---|---|---|---|
| 464.56 | 419.92 | 44.64 (9.61%) | 10.41% |
| An entry @464.56. This is a Buy Stop order right above the resistance zone. | An exit @419.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 44.64 points, which is 9.61%. | When investing 10.41% 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.
STRL Technicals: Chart, Performance Metrics, Trend & Indicators
456.08
-8.46 (-1.82%)
STERLING INFRASTRUCTURE INC / STRL TA FAQ
Can you provide the ChartMill technical rating for STERLING INFRASTRUCTURE INC?
ChartMill assigns a technical rating of 10 / 10 to STRL.
Can you provide the trend direction for STERLING INFRASTRUCTURE INC?
The current trend direction for STERLING INFRASTRUCTURE INC (STRL) is Bullish.
Can you provide the RSI signal for STERLING INFRASTRUCTURE INC?
STERLING INFRASTRUCTURE INC (STRL) has an RSI value of 58.0386. This indicates that the stock is currently neutral.
What is the short term momentum for STRL stock?
The short term momentum for STERLING INFRASTRUCTURE INC (STRL) is positive.
What is the buy/sell signal for STRL stock?
The buy/sell signal for STERLING INFRASTRUCTURE INC (STRL) is buy as both the short term and long term trends are positive.