STRATTEC SECURITY CORP (STRT) Technical Analysis
NASDAQ:STRT • US8631111007
Current stock price
STRT Technical Rating and Analysis
Overall STRT gets a technical rating of 4 out of 10. Although STRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month STRT has a been trading in the 70.29 - 92.39 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, STRT did better than 88% 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 87% of 41 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- STRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STRT is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
STRT Weekly and Daily overview Charts
STRT Setup Rating and Analysis
STRT has an average technical rating and also the quality of the setup is 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.
More info and screens
STRT Support and Resistance Analysis
34.25
When analyzing the support we can see 6 important areas.
- A support zone ranging from 72.65 to 73.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.61 from a trend line in the daily time frame.
- Support @62.05 from a horizontal line in the daily time frame.
- Support @60.32 from a horizontal line in the daily time frame.
- Support @50.06 from a trend line in the weekly time frame.
- Support @34.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @90.47 from a horizontal line in the daily time frame.
STRT 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 | NEUTRAL | NEUTRAL | The long term trend for STRT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STRT is down. |
| ChartMill Relative Strength | 88.92 | POSITIVE | STRT has a high relative strength, it outperformed 88.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STRT is below a declining 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) | 33.4 | NEUTRAL | The RSI value for STRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests STRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.55 | OVERSOLD | The low Stochastics value suggests STRT may be oversold. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for STRT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.09 | POSITIVE | The high ADX value value for STRT suggests a strong trend. |
STRT Chart- and CandleStick Pattern Analysis
STRT Technicals: Chart, Performance Metrics, Trend & Indicators
73.14
+0.49 (+0.67%)
STRATTEC SECURITY CORP / STRT TA FAQ
What is the ChartMill technical rating of STRATTEC SECURITY CORP (STRT) stock?
ChartMill assigns a technical rating of 4 / 10 to STRT.
What is the current trend direction of STRATTEC SECURITY CORP (STRT) stock?
The current trend direction for STRATTEC SECURITY CORP (STRT) is Bearish.
What is the RSI signal for STRATTEC SECURITY CORP (STRT) stock?
STRATTEC SECURITY CORP (STRT) has an RSI value of 33.4005. This indicates that the stock is currently neutral.
What is the MACD signal for STRT stock?
The MACD indicator for STRATTEC SECURITY CORP (STRT) has a value of -1.11536, indicating a bearish trend.
What are the support and resistance levels for STRATTEC SECURITY CORP (STRT) stock?
STRATTEC SECURITY CORP (STRT) has a support level at 73.13 and a resistance level at 90.47. Check the full technical report for our detailed analysis of STRT support and resistance levels.