STATE STREET CORP (STT) Stock Technical Analysis
USA - NYSE:STT - US8574771031 - Common Stock
We assign a technical rating of 8 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. There is a resistance zone just above the current price starting at 118.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 117.25, a Stop Loss order could be placed below this zone.
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79.39
4 important support areas can be observed.
- A support zone ranging from 113.44 to 117.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @80.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 118.32 to 118.68. 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 | NEUTRAL | NEUTRAL | The short term trend for STT is neutral. |
| ChartMill Relative Strength | 80.97 | POSITIVE | STT has a high relative strength, it outperformed 80.97% 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) | 57.88 | NEUTRAL | The RSI value for STT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests STT has a positive trend. |
| Stochastics (14,3) | 79.99 | NEUTRAL | The Stochastics value for STT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for STT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.67 | NEGATIVE | The low ADX value for STT suggests a weak or negative 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 |
|---|---|---|---|
| 118.69 | 113.82 | 4.87 (4.10%) | 24.37% |
| An entry @118.69. This is a Buy Stop order right above the resistance zone. | An exit @113.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.87 points, which is 4.10%. | For a 1.00% total portfolio risk, you can invest 24.37% of your capital in this trade. |
- 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.
118.31
+1.04 (+0.89%)
STATE STREET CORP / STT FAQ
What is the technical rating for STT stock?
ChartMill assigns a technical rating of 8 / 10 to STT.
What is the current trend direction of STATE STREET CORP (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 57.8767. This indicates that the stock is currently neutral.
What is the short term momentum for STATE STREET CORP (STT) stock?
The short term momentum for STATE STREET CORP (STT) is neutral.
Can you provide the support and resistance levels for STATE STREET CORP?
STATE STREET CORP (STT) has a support level at 117.25 and a resistance level at 118.32. Check the full technical report for our detailed analysis of STT support and resistance levels.