STATE STREET CORP (STT) Stock Technical Analysis
NYSE:STT - New York Stock Exchange, Inc. - US8574771031 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to STT. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, STT did better than 85% of all other stocks. We also observe that the gains produced by STT over the past year are nicely spread over this period.
STT is part of the Capital Markets industry. There are 237 other stocks in this industry. STT outperforms 80% of them.
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 101.98 - 114.28 range, which is quite wide. It is currently trading near the high of this range.
STT has an average volume of 2033350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, STT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 109.73, a Stop Loss order could be placed below this zone.
More info and screens
78.66
114.38
We found 4 important support areas.
- A support zone ranging from 108.51 to 109.73. 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 @79.45 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 111.25 to 113.25. 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 | UP | POSITIVE | The short term trend for STT is up. |
| ChartMill Relative Strength | 85.7 | POSITIVE | STT has a high relative strength, it outperformed 85.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STT is above a declining 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) | 53.73 | NEUTRAL | The RSI value for STT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests STT has a negative trend. |
| Stochastics (14,3) | 47.49 | NEUTRAL | The Stochastics value for STT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for STT suggests some volalility. |
| Average Directional Index/ADX (14) | 22 | NEUTRAL | The ADX value for STT suggests a possible start of a new 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 |
|---|---|---|---|
| 111.26 | 108.50 | 2.76 (2.48%) | 25.00% |
| An entry @111.26. This is a Buy Stop order right above the 10 day moving average. | An exit @108.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.76 points, which is 2.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of STT. Please evaluate whether better entry and exit points can be found.
- 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.
109.82
-0.94 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.85%
1 Week-1.73%
2 Weeks-1.05%
1 Month-0.35%
3 Month17.07%
6 Month10.44%
12 Month40.42%
2 Year59.76%
3 Year60.67%
5 Year61.29%
10 Year52.7%
15 Year213.06%
Volatility
ATR(14)1.92
ATR(20)%2.08%
ATR Inc-20.88%
Range Today2.02
ADR(20)2.03
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.7
Mansfield0.73
10 Day High114.28
10 Day Low107.34
20 Day High114.28
20 Day Low101.98
52 Week High114.28
52 Week Low72.81
CS1 End109.73
CR1 Start111.25
Volume & EV
DER(3)-0.32%
DER(5)-0.41%
Volume1.10M
Volume Incr-44.51%
Vol(5)1.33M
Vol(50)2.03M