SUTRO BIOPHARMA INC (STRO) Stock Technical Analysis
NASDAQ:STRO - Nasdaq - US8693671021 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to STRO. STRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
90% of all other stocks performed better in the past year than STRO.
STRO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month STRO has a been trading in the 0.67 - 0.86 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.
STRO has an average volume of 1059700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STRO is an average performer in the Biotechnology industry, it outperforms 41% of 556 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, STRO does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.67
0.84
When analyzing the support we can see 3 important areas.
- Support @0.75 from a trend line in the daily time frame.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.68 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 STRO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STRO is neutral. |
| ChartMill Relative Strength | 10.74 | NEGATIVE | STRO has a low relative strength, it was outperformed by 89.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.94 | NEUTRAL | The RSI value for STRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.75 | NEUTRAL | The Stochastics value for STRO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for STRO suggests high volalility. |
| Average Directional Index/ADX (14) | 8.5 | NEGATIVE | The low ADX value for STRO 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)
0.76
-0.01 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.77%
1 Week-0.2%
2 Weeks-0.42%
1 Month-4.26%
3 Month44.87%
6 Month-62.19%
12 Month-79.81%
2 Year-83%
3 Year-87.01%
5 Year-90.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.55%
ATR Inc-0.89%
Range Today0.04
ADR(20)0.06
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.74
Mansfield-6.81
10 Day High0.83
10 Day Low0.73
20 Day High0.87
20 Day Low0.67
52 Week High5.17
52 Week Low0.52
CS1 End0.75
CR1 Start0.77
Volume & EV
DER(3)2.16%
DER(5)-0.34%
Volume206.40K
Volume Incr-70.42%
Vol(5)362.00K
Vol(50)1.06M