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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STRT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that STRT is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by STRT over the past year are nicely spread over this period.
STRT is one of the better performing stocks in the Automobile Components industry, it outperforms 97% of 81 stocks in the same industry.
STRT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so STRT is leading the market.
STRT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
STRT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
34.25
60.56
We found 1 important support area.
- Support @34.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @59.96 from a horizontal 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 | 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 | 96.99 | POSITIVE | STRT has a high relative strength, it outperformed 96.99% 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) | 61.62 | NEUTRAL | The RSI value for STRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests STRT has a negative trend. |
| Stochastics (14,3) | 64.95 | NEUTRAL | The Stochastics value for STRT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for STRT suggests some volalility. |
| Average Directional Index/ADX (14) | 48.88 | POSITIVE | The high ADX value value for STRT 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)
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 |
|---|---|---|---|
| 59.97 | 52.99 | 6.98 (11.64%) | 8.59% |
| An entry @59.97. This is a Buy Stop order right above the resistance zone. | An exit @52.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.98 points, which is 11.64%. | When investing 8.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
57.27
-1.45 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-2.47%
1 Week-3.46%
2 Weeks5.22%
1 Month7.51%
3 Month34.22%
6 Month36.16%
12 Month131.39%
2 Year215.71%
3 Year72.76%
5 Year259.29%
10 Year-16.64%
15 Year159.14%
Volatility
ATR(14)2.85
ATR(20)%4.96%
ATR Inc-26.04%
Range Today2.46
ADR(20)2.82
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.99
Mansfield4.05
10 Day High61.77
10 Day Low53
20 Day High61.77
20 Day Low50.23
52 Week High61.77
52 Week Low21.05
CS1 End34.6
CR1 Start59.96
Volume & EV
DER(3)-1.71%
DER(5)-2.26%
Volume42.58K
Volume Incr-7.62%
Vol(5)51.88K
Vol(50)38.63K