STRATTEC SECURITY CORP (STRT) Stock Technical Analysis
NASDAQ:STRT - Nasdaq - US8631111007 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to STRT. In the last year, STRT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, STRT did better than 96% of all other stocks. On top of that, STRT also shows a nice and consistent pattern of rising prices.
STRT is part of the Automobile Components industry. There are 80 other stocks in this industry. STRT outperforms 94% of them.
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 60.20 - 67.35 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. Prices have been consolidating lately. 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
65.54
We found 3 important support areas.
- Support @62.37 from a trend line in the daily time frame.
- A support zone ranging from 60.31 to 60.61. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for STRT is neutral. |
| ChartMill Relative Strength | 96.05 | POSITIVE | STRT has a high relative strength, it outperformed 96.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STRT is above a declining 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) | 56.68 | NEUTRAL | The RSI value for STRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests STRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.8 | NEUTRAL | The Stochastics value for STRT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for STRT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.38 | NEGATIVE | The low ADX value for STRT suggests a weak or negative 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 |
|---|---|---|---|
| 66.46 | 62.36 | 4.10 (6.17%) | 16.21% |
| An entry @66.46. This is a Buy Stop order right above the 10 day high. | An exit @62.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.10 points, which is 6.17%. | For a 1.00% total portfolio risk, you can invest 16.21% 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.
64.89
+0.38 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.59%
1 Week-0.02%
2 Weeks2.56%
1 Month-0.17%
3 Month62.55%
6 Month76.09%
12 Month116.3%
2 Year176.13%
3 Year137.69%
5 Year210.18%
10 Year2.85%
15 Year222.68%
Volatility
ATR(14)2.68
ATR(20)%4.32%
ATR Inc35.74%
Range Today3.04
ADR(20)2.71
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.05
Mansfield3.59
10 Day High66.45
10 Day Low60.33
20 Day High67.35
20 Day Low60.2
52 Week High70.58
52 Week Low30.79
CS1 End62.37
CR1 StartN/A
Volume & EV
DER(3)0.93%
DER(5)3.25%
Volume51.30K
Volume Incr-28.98%
Vol(5)66.93K
Vol(50)89.30K