SUTRO BIOPHARMA INC (STRO) Stock Technical Analysis
NASDAQ:STRO - Nasdaq - US8693671021 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to STRO. STRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, STRO is a bad performer in the overall market: 97% of all stocks are doing better.
STRO is one of the lesser performing stocks in the Biotechnology industry. 81% of 550 stocks in the same industry do better.
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 0.74 - 1.01 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
STRO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for STRO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.66
0.85
When analyzing the support we can see 3 important areas.
- Support @0.77 from a trend line in the daily time frame.
- Support @0.73 from a horizontal line in the weekly time frame.
- Support @0.67 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.81 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for STRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STRO is down. |
| ChartMill Relative Strength | 3.18 | NEGATIVE | STRO has a low relative strength, it was outperformed by 96.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of STRO is below the rising 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) | 43.56 | NEUTRAL | The RSI value for STRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STRO has a negative trend. |
| Stochastics (14,3) | 8.53 | OVERSOLD | The low Stochastics value suggests STRO may be oversold. |
| Average True Range in percent/ATR (20) | 8.65 | HIGH VOLATILITY | The high ATR as a percentage value for STRO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for STRO 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)
0.7726
-0.03 (-3.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.71%
1 Week-6.59%
2 Weeks-9.53%
1 Month1.17%
3 Month-15.25%
6 Month-56.84%
12 Month-81.65%
2 Year-83.73%
3 Year-86.35%
5 Year-92.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.65%
ATR Inc-44.13%
Range Today0.04
ADR(20)0.07
ADR(20)%8.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.18
Mansfield-6.38
10 Day High0.91
10 Day Low0.76
20 Day High1.01
20 Day Low0.74
52 Week High5.17
52 Week Low0.52
CS1 End0.77
CR1 Start0.78
Volume & EV
DER(3)3.75%
DER(5)1.29%
Volume301.50K
Volume Incr-39.56%
Vol(5)281.86K
Vol(50)840.40K