SUTRO BIOPHARMA INC (STRO) Stock Technical Analysis
USA - NASDAQ:STRO - US8693671021 - Common Stock
We assign a technical rating of 1 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.
STRO has a poor technical rating and the quality of the setup is also only medium 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.
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When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.12 from a trend line in the daily time frame.
- Resistance @1.19 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for STRO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STRO is down. |
| ChartMill Relative Strength | 5.73 | NEGATIVE | STRO has a low relative strength, it was outperformed by 94.27% 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) | 38.56 | NEUTRAL | The RSI value for STRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests STRO has a negative trend. |
| Stochastics (14,3) | 6.52 | OVERSOLD | The low Stochastics value suggests STRO may be oversold. |
| Average True Range in percent/ATR (20) | 15.44 | HIGH VOLATILITY | The high ATR as a percentage value for STRO suggests high volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for STRO suggests a strong trend. |
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+0.01 (+0.87%)
SUTRO BIOPHARMA INC / STRO FAQ
What is the ChartMill technical rating of SUTRO BIOPHARMA INC (STRO) stock?
ChartMill assigns a technical rating of 1 / 10 to STRO.
What is the current trend direction of SUTRO BIOPHARMA INC (STRO) stock?
The current trend direction for SUTRO BIOPHARMA INC (STRO) is Bearish.
Can you provide the RSI signal for SUTRO BIOPHARMA INC?
SUTRO BIOPHARMA INC (STRO) has an RSI value of 38.5579. This indicates that the stock is currently neutral.
What is the MACD signal for SUTRO BIOPHARMA INC (STRO) stock?
The MACD indicator for SUTRO BIOPHARMA INC (STRO) has a value of -0.039278, indicating a bearish trend.
What is the short term momentum for STRO stock?
The short term momentum for SUTRO BIOPHARMA INC (STRO) is negative.