STATE STREET CORP (STT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STT - US8574771031 - Common Stock
Overall STT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STT is showing a nice and steady performance.
STT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 131.51, a Stop Loss order could be placed below this zone.
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80.53
When analyzing the support we can see 6 important areas.
- A support zone ranging from 129.88 to 131.51. 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 121.12 to 123.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.84 to 114.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @111.00 from a horizontal line in the daily time frame.
- Support @108.59 from a horizontal line in the daily time frame.
- Support @81.34 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 132.46 to 134.33. 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 | 87.24 | POSITIVE | STT has a high relative strength, it outperformed 87.24% 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) | 63.73 | NEUTRAL | The RSI value for STT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests STT has a negative trend. |
| Stochastics (14,3) | 82.49 | OVERBOUGHT | The high Stochastics value suggests STT may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for STT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.98 | 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 |
|---|---|---|---|
| 134.34 | 129.87 | 4.47 (3.33%) | 25.00% |
| An entry @134.34. This is a Buy Stop order right above the resistance zone. | An exit @129.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.47 points, which is 3.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- 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.
132.45
-1.87 (-1.39%)
STATE STREET CORP / STT FAQ
What is the technical rating for STT stock?
ChartMill assigns a technical rating of 10 / 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 63.7338. 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 -0.092754, 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.