STATE STREET CORP (STT) Stock Technical Analysis
NYSE:STT - US8574771031 - Common Stock
114.97 USD
-0.27 (-0.23%)
114.97 USD
0 (0%)
Overall STT gets a technical rating of 10 out of 10. 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.
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 STT is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, STT also shows a nice and consistent pattern of rising prices.
STT is one of the better performing stocks in the Capital Markets industry, it outperforms 80% of 239 stocks in the same industry.
STT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month STT has a been trading in the 108.81 - 116.37 range, which is quite wide. It is currently trading near the high of this range.
STT has an average volume of 2053790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although STT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
79.18
116.98
When analyzing the support we can see 5 important areas.
- A support zone ranging from 111.69 to 113.79. 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 108.09 to 109.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.01 from a horizontal line in the daily time frame.
- Support @98.81 from a horizontal line in the daily time frame.
- Support @79.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 115.35 to 115.82. 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 STT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STT is up. |
| ChartMill Relative Strength | 83.93 | POSITIVE | STT has a high relative strength, it outperformed 83.93% 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) | 61.19 | NEUTRAL | The RSI value for STT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests STT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.91 | NEUTRAL | The Stochastics value for STT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for STT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.51 | POSITIVE | The high ADX value value for STT 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 |
|---|---|---|---|
| 115.83 | 111.68 | 4.15 (3.58%) | 25.00% |
| An entry @115.83. This is a Buy Stop order right above the resistance zone. | An exit @111.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.15 points, which is 3.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- 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.
114.97
-0.27 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.23%
1 Week-0.44%
2 Weeks3.51%
1 Month5.88%
3 Month19.41%
6 Month15.86%
12 Month32%
2 Year67.25%
3 Year68.21%
5 Year68.85%
10 Year59.86%
15 Year227.74%
Volatility
ATR(14)1.85
ATR(20)%1.59%
ATR Inc-46.93%
Range Today1.12
ADR(20)1.77
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.93
Mansfield0.91
10 Day High116.37
10 Day Low110.22
20 Day High116.37
20 Day Low108.81
52 Week High116.37
52 Week Low72.81
CS1 End113.79
CR1 Start115.35
Volume & EV
DER(3)2.05%
DER(5)1.09%
Volume995.20K
Volume Incr3.29%
Vol(5)1.58M
Vol(50)2.05M