STATE STREET CORP (STT) Stock Technical Analysis
NYSE:STT - New York Stock Exchange, Inc. - US8574771031 - Common Stock - Currency: USD
Taking everything into account, STT scores 8 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, STT is showing a nice and steady performance.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
STT is part of the Capital Markets industry. There are 233 other stocks in this industry. STT outperforms 76% of them.
STT 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 STT is lagging the market slightly.
STT has an average volume of 1917620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that STT is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month STT has a been trading in the 96.16 - 110.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although STT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
78.12
111.41
3 important support areas can be observed.
- A support zone ranging from 98.81 to 100.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.53 from a horizontal line in the daily time frame.
- Support @78.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 108.69 to 110.31. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for STT is neutral. |
| ChartMill Relative Strength | 81.69 | POSITIVE | STT has a high relative strength, it outperformed 81.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of STT is below 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) | 44.22 | NEUTRAL | The RSI value for STT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests STT has a negative trend. |
| Stochastics (14,3) | 59.75 | NEUTRAL | The Stochastics value for STT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for STT suggests some volalility. |
| Average Directional Index/ADX (14) | 35.93 | 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)
102.01
-8.02 (-7.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-7.29%
1 Week-6.58%
2 Weeks-4.07%
1 Month6.11%
3 Month25.54%
6 Month4.49%
12 Month20.74%
2 Year40.82%
3 Year43.6%
5 Year59.92%
10 Year33.24%
15 Year162.1%
Volatility
ATR(14)2.25
ATR(20)%2.19%
ATR Inc139.64%
Range Today6.01
ADR(20)2.07
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.69
Mansfield0.23
10 Day High110.97
10 Day Low101.98
20 Day High110.97
20 Day Low96.16
52 Week High110.97
52 Week Low72.81
CS1 End100.03
CR1 Start108.69
Volume & EV
DER(3)-1.31%
DER(5)-2.01%
Volume5.94M
Volume Incr41.76%
Vol(5)2.91M
Vol(50)1.92M