STRATTEC SECURITY CORP (STRT) Stock Technical Analysis
NASDAQ:STRT - Nasdaq - US8631111007 - Common Stock - Currency: USD
Taking everything into account, STRT scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that STRT is one of the better performing stocks in the market, outperforming 97% 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 94% 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 57.06 - 70.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, STRT 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. There is a support zone below the current price at 63.91, a Stop Loss order could be placed below this zone. 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
65.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 62.32 to 63.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 97.32 | POSITIVE | STRT has a high relative strength, it outperformed 97.32% 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) | 59.38 | NEUTRAL | The RSI value for STRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests STRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.55 | NEUTRAL | The Stochastics value for STRT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for STRT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.42 | 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 |
|---|---|---|---|
| 66.46 | 62.31 | 4.15 (6.24%) | 16.01% |
| An entry @66.46. This is a Buy Stop order right above the 10 day high. | An exit @62.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.15 points, which is 6.24%. | When investing 16.01% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of STRT. Please evaluate whether better entry and exit points can be found.
- 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.
65.17
-1.18 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.78%
1 Week6.05%
2 Weeks0.68%
1 Month12.52%
3 Month78.65%
6 Month65.07%
12 Month151.91%
2 Year178.62%
3 Year114.23%
5 Year201.57%
10 Year-7.28%
15 Year212.87%
Volatility
ATR(14)3.04
ATR(20)%5.33%
ATR Inc-15.9%
Range Today2.34
ADR(20)3.43
ADR(20)%5.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.32
Mansfield3.87
10 Day High66.45
10 Day Low60.2
20 Day High70.58
20 Day Low57.07
52 Week High70.58
52 Week Low21.05
CS1 End63.91
CR1 StartN/A
Volume & EV
DER(3)3.01%
DER(5)2.58%
Volume54.80K
Volume Incr-46.35%
Vol(5)70.52K
Vol(50)87.57K