STRAIGHT PATH COMMUNICATNS INC (STRP) Technical Analysis
NYSEARCA:STRP
Current stock price
STRP Technical Rating and Analysis
Overall STRP gets a technical rating of 7 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, STRP is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- STRP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STRP is lagging the market slightly.
- Looking at the yearly performance, STRP did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month STRP has a been trading in a tight range between 181.26 and 186.25.
- Volume is considerably higher in the last couple of days.
STRP Weekly and Daily overview Charts
STRP Setup Rating and Analysis
Although STRP has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
STRP Support and Resistance Analysis
176.72
When analyzing the support we notice one important area.
- A support zone ranging from 178.50 to 183.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 183.49 to 185.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
STRP 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 STRP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STRP is neutral. |
| ChartMill Relative Strength | 99.46 | POSITIVE | STRP has a high relative strength, it outperformed 99.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.92 | NEUTRAL | The RSI value for STRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests STRP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.37 | NEUTRAL | The Stochastics value for STRP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for STRP suggests low volalility. |
STRP Chart- and CandleStick Pattern Analysis
STRP Technicals: Chart, Performance Metrics, Trend & Indicators
STRAIGHT PATH COMMUNICATNS INC
NYSEARCA:STRP (2/27/2018, 8:33:15 PM)
After market: 182.54 -0.83 (-0.45%)183.37
-2.5 (-1.35%)
STRAIGHT PATH COMMUNICATNS INC / STRP TA FAQ
Can you provide the ChartMill technical rating for STRAIGHT PATH COMMUNICATNS INC?
ChartMill assigns a technical rating of 6 / 10 to STRP.
What is the current trend direction of STRAIGHT PATH COMMUNICATNS INC (STRP) stock?
The current trend direction for STRAIGHT PATH COMMUNICATNS INC (STRP) is Bullish.
What is the RSI signal for STRAIGHT PATH COMMUNICATNS INC (STRP) stock?
STRAIGHT PATH COMMUNICATNS INC (STRP) has an RSI value of 51.9215. This indicates that the stock is currently neutral.
What is the short term momentum for STRAIGHT PATH COMMUNICATNS INC (STRP) stock?
The short term momentum for STRAIGHT PATH COMMUNICATNS INC (STRP) is neutral.
What is the support and resistance level for STRP stock?
STRAIGHT PATH COMMUNICATNS INC (STRP) has a support level at 183.33 and a resistance level at 183.49. Check the full technical report for our detailed analysis of STRP support and resistance levels.