STATE STREET CORP (STT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STT - US8574771031 - Common Stock
We assign a technical rating of 9 out of 10 to STT. Both in the recent history as in the last year, STT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, STT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 132.29. Right above this resistance zone may be a good entry point.
More info and screens
80.40
We found 5 important support areas.
- A support zone ranging from 120.15 to 122.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @116.53 from a trend line in the daily time frame.
- A support zone ranging from 110.49 to 111.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @108.59 from a horizontal line in the daily time frame.
- Support @81.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 132.29 to 132.29. 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 STT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STT is up. |
| ChartMill Relative Strength | 86.91 | POSITIVE | STT has a high relative strength, it outperformed 86.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.58 | NEUTRAL | The RSI value for STT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests STT has a negative trend. |
| Stochastics (14,3) | 67.49 | NEUTRAL | The Stochastics value for STT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for STT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for STT suggests a strong 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 |
|---|---|---|---|
| 130.04 | 126.71 | 3.33 (2.56%) | 25.00% |
| An entry @130.04. This is a Buy Stop order right above the 10 day moving average. | An exit @126.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.33 points, which is 2.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- 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.
129.01
-1.33 (-1.02%)
STATE STREET CORP / STT FAQ
What is the technical rating for STT stock?
ChartMill assigns a technical rating of 9 / 10 to STT.
What is the trend direction for STT stock?
The current trend direction for STATE STREET CORP (STT) is Bullish.
What is the RSI signal for STT stock?
STATE STREET CORP (STT) has an RSI value of 59.5829. This indicates that the stock is currently neutral.
What is the MACD signal for STT stock?
The MACD indicator for STATE STREET CORP (STT) has a value of -0.163629, indicating a bearish trend.
Can you provide the buy/sell signal for STATE STREET CORP?
The buy/sell signal for STATE STREET CORP (STT) is buy as both the short term and long term trends are positive.