STERLING INFRASTRUCTURE INC (STRL) Stock Technical Analysis
NASDAQ:STRL - Nasdaq - US8592411016 - Common Stock - Currency: USD
Overall STRL gets a technical rating of 10 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, STRL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that STRL is one of the better performing stocks in the market, outperforming 96% of all stocks.
STRL is part of the Construction & Engineering industry. There are 52 other stocks in this industry. STRL outperforms 92% of them.
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.
STRL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Besides having an excellent technical rating, STRL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
103.51
206.36
4 important support areas can be observed.
- Support @182.08 from a horizontal line in the daily time frame.
- Support @110.69 from a trend line in the weekly time frame.
- A support zone ranging from 106.64 to 107.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.56 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 | 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 | 96.31 | POSITIVE | STRL has a high relative strength, it outperformed 96.31% 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) | 69.81 | NEUTRAL | The RSI value for STRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests STRL has a negative trend. |
| Stochastics (14,3) | 79.91 | NEUTRAL | The Stochastics value for STRL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for STRL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.82 | POSITIVE | The high ADX value value for STRL suggests a strong 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)
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 |
|---|---|---|---|
| 208.78 | 183.39 | 25.39 (12.16%) | 8.22% |
| An entry @208.78. This is a Buy Stop order right above the 10 day high. | An exit @183.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 25.39 points, which is 12.16%. | For a 1.00% total portfolio risk, you can invest 8.22% of your capital in this trade. |
- 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.
204.32
-0.14 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.07%
1 Week4.65%
2 Weeks9.77%
1 Month9.15%
3 Month68.34%
6 Month13.33%
12 Month75.64%
2 Year266.17%
3 Year832.12%
5 Year1851.48%
10 Year5008%
15 Year1478.98%
Volatility
ATR(14)7.23
ATR(20)%3.34%
ATR Inc10.6%
Range Today5.75
ADR(20)6.63
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.31
Mansfield3.07
10 Day High208.77
10 Day Low183.4
20 Day High208.77
20 Day Low176.15
52 Week High208.77
52 Week Low93.5
CS1 End182.08
CR1 StartN/A
Volume & EV
DER(3)0.05%
DER(5)-1.33%
Volume369.60K
Volume Incr8.12%
Vol(5)475.82K
Vol(50)808.92K