Taking everything into account, STRW scores 6 out of 10 in our technical rating. Although STRW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
STRW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.17, a Stop Loss order could be placed below this zone.
More info and screens
9.73
When analyzing the support we can see 5 important areas.
- A support zone ranging from 11.58 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.27 to 11.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.77 from a trend line in the weekly time frame.
- Support @10.51 from a trend line in the daily time frame.
- Support @9.83 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.60 to 12.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 STRW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STRW is up. |
| ChartMill Relative Strength | 47.19 | NEUTRAL | STRW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STRW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of STRW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STRW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.1 | NEUTRAL | The RSI value for STRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests STRW has a positive trend. |
| Stochastics (14,3) | 68.65 | NEUTRAL | The Stochastics value for STRW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for STRW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for STRW suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 12.83 | 11.57 | 1.26 (9.82%) | 10.18% |
| An entry @12.83. This is a Buy Stop order right above the resistance zone. | An exit @11.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.26 points, which is 9.82%. | For a 1.00% total portfolio risk, you can invest 10.18% 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.
12.17
+0.11 (+0.91%)
STRAWBERRY FIELDS REIT INC / STRW FAQ
What is the technical rating for STRW stock?
ChartMill assigns a technical rating of 6 / 10 to STRW.
What is the trend direction for STRW stock?
The current trend direction for STRAWBERRY FIELDS REIT INC (STRW) is Bullish.
Can you provide the RSI signal for STRAWBERRY FIELDS REIT INC?
STRAWBERRY FIELDS REIT INC (STRW) has an RSI value of 57.0998. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STRAWBERRY FIELDS REIT INC?
The short term momentum for STRAWBERRY FIELDS REIT INC (STRW) is positive.
What is the support and resistance level for STRW stock?
STRAWBERRY FIELDS REIT INC (STRW) has a support level at 12.17 and a resistance level at 12.6. Check the full technical report for our detailed analysis of STRW support and resistance levels.