SHATTUCK LABS INC (STTK) Stock Technical Analysis
NASDAQ:STTK - Nasdaq - US82024L1035 - Common Stock - Currency: USD
Taking everything into account, STTK scores 0 out of 10 in our technical rating. STTK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than STTK.
STTK is part of the Biotechnology industry. There are 551 other stocks in this industry, of which 82% are performing better than STTK.
STTK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month STTK has a been trading in the 0.73 - 1.15 range, which is quite wide. It is currently trading near the lows of this range.
STTK has an average volume of 2227950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
STTK has a poor technical rating and the quality of the setup is also not perfect 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
0.72
1.36
When analyzing the support we notice one important area.
- A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @0.97 from a trend line in the daily time frame.
- Resistance @1.00 from a trend line in the weekly time frame.
- Resistance @1.08 from a trend line in the daily time frame.
- Resistance @1.32 from a horizontal line in the daily time frame.
- Resistance @1.35 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for STTK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STTK is down. |
| ChartMill Relative Strength | 3.3 | NEGATIVE | STTK has a low relative strength, it was outperformed by 96.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STTK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.82 | NEUTRAL | The RSI value for STTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.16 | OVERSOLD | The low Stochastics value suggests STTK may be oversold. |
| Average True Range in percent/ATR (20) | 12.49 | HIGH VOLATILITY | The high ATR as a percentage value for STTK suggests high volalility. |
| Average Directional Index/ADX (14) | 20.75 | NEUTRAL | The ADX value for STTK 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)
0.7563
-0.02 (-3.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.15%
1 Week3.32%
2 Weeks-10.62%
1 Month-7.26%
3 Month-20.21%
6 Month-35.91%
12 Month-75.12%
2 Year-64.99%
3 Year-76.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%12.49%
ATR Inc-18.22%
Range Today0.08
ADR(20)0.08
ADR(20)%10.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.3
Mansfield-5.2
10 Day High1.15
10 Day Low0.73
20 Day High1.15
20 Day Low0.73
52 Week High3.95
52 Week Low0.69
CS1 End0.73
CR1 Start0.97
Volume & EV
DER(3)1.56%
DER(5)0.49%
Volume711.20K
Volume Incr9194.58%
Vol(5)19.73M
Vol(50)2.23M