STRATTEC SECURITY CORP (STRT) Stock Technical Analysis
NASDAQ:STRT - Nasdaq - US8631111007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to STRT. Both in the recent history as in the last year, STRT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, STRT did better than 97% of all other stocks. On top of that, STRT also shows a nice and consistent pattern of rising prices.
STRT is one of the better performing stocks in the Automobile Components industry, it outperforms 93% of 80 stocks in the same industry.
STRT 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 STRT is lagging the market slightly.
In the last month STRT has a been trading in the 56.88 - 70.58 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.
STRT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for STRT 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
34.25
63.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 60.31 to 60.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.60 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 STRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STRT is up. |
| ChartMill Relative Strength | 97.12 | POSITIVE | STRT has a high relative strength, it outperformed 97.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.51 | NEUTRAL | The RSI value for STRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests STRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for STRT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for STRT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.45 | NEUTRAL | The ADX value for STRT suggests a possible start of a new 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 |
|---|---|---|---|
| 67.36 | 60.30 | 7.06 (10.48%) | 9.54% |
| An entry @67.36. This is a Buy Stop order right above the 10 day high. | An exit @60.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.06 points, which is 10.48%. | For a 1.00% total portfolio risk, you can invest 9.54% 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.
63.27
+1.77 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg2.88%
1 Week0.41%
2 Weeks-2.66%
1 Month10.53%
3 Month73.44%
6 Month60.26%
12 Month144.57%
2 Year170.5%
3 Year107.99%
5 Year192.78%
10 Year-9.99%
15 Year203.75%
Volatility
ATR(14)3.29
ATR(20)%5.31%
ATR Inc-28.89%
Range Today2.59
ADR(20)3.32
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.12
Mansfield3.59
10 Day High67.35
10 Day Low60.2
20 Day High70.58
20 Day Low56.88
52 Week High70.58
52 Week Low21.05
CS1 End60.31
CR1 StartN/A
Volume & EV
DER(3)4.6%
DER(5)2.03%
Volume73.71K
Volume Incr-47.96%
Vol(5)68.08K
Vol(50)85.80K