SHATTUCK LABS INC (STTK) Technical Analysis
NASDAQ:STTK • US82024L1035
Current stock price
STTK Technical Rating and Analysis
Overall STTK 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, STTK 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, STTK did better than 99% of all other stocks. On top of that, STTK also shows a nice and consistent pattern of rising prices.
- STTK is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 517 stocks in the same industry.
- A new 52 week high is currently being made by STTK, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so STTK is leading the market.
- In the last month STTK has a been trading in the 3.81 - 6.31 range, which is quite wide. It is currently trading near the high of this range.
STTK Weekly and Daily overview Charts
STTK Setup Rating and Analysis
STTK has an excellent technical rating, but the quality of the setup is only medium 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
STTK Support and Resistance Analysis
4.15
3 important support areas can be observed.
- A support zone ranging from 5.94 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.36 from a trend line in the daily time frame.
- Support @4.19 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.23 to 6.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
STTK Technical Indicator Signal Analysis
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 STTK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STTK is up. |
| ChartMill Relative Strength | 99.31 | POSITIVE | STTK has a high relative strength, it outperformed 99.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STTK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STTK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STTK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.8 | OVERBOUGHT | The high RSI value suggests STTK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests STTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.47 | OVERBOUGHT | The high Stochastics value suggests STTK may be overbought. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for STTK suggests high volalility. |
| Average Directional Index/ADX (14) | 37.76 | POSITIVE | The high ADX value value for STTK suggests a strong trend. |
STTK Chart- and CandleStick Pattern Analysis
STTK Technicals: Chart, Performance Metrics, Trend & Indicators
6.22
+0.12 (+1.97%)
SHATTUCK LABS INC / STTK TA FAQ
What is the technical rating for STTK stock?
ChartMill assigns a technical rating of 10 / 10 to STTK.
Can you provide the trend direction for SHATTUCK LABS INC?
The current trend direction for SHATTUCK LABS INC (STTK) is Bullish.
Can you provide the RSI signal for SHATTUCK LABS INC?
SHATTUCK LABS INC (STTK) has an RSI value of 75.7994. This indicates that the stock is currently overbought.
What is the MACD signal for STTK stock?
The MACD indicator for SHATTUCK LABS INC (STTK) has a value of 0.057752, indicating a bearish trend.
What is the support and resistance level for STTK stock?
SHATTUCK LABS INC (STTK) has a support level at 6.03 and a resistance level at 6.23. Check the full technical report for our detailed analysis of STTK support and resistance levels.