Taking everything into account, STTK scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month STTK has a been trading in the 3.52 - 4.89 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that STTK is one of the better performing stocks in the market, outperforming 98% of all stocks.
- STTK is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 524 stocks in the same industry.
- STTK 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 STTK is lagging the market slightly.
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
2.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.55 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.76 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.48 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for STTK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STTK is neutral. |
| ChartMill Relative Strength | 98.6 | POSITIVE | STTK has a high relative strength, it outperformed 98.6% 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) | 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) | 40.16 | NEUTRAL | The RSI value for STTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests STTK has a negative trend. |
| Stochastics (14,3) | 12.01 | OVERSOLD | The low Stochastics value suggests STTK may be oversold. |
| Average True Range in percent/ATR (20) | 10.34 | HIGH VOLATILITY | The high ATR as a percentage value for STTK suggests high volalility. |
| Average Directional Index/ADX (14) | 23.39 | NEUTRAL | The ADX value for STTK suggests a possible start of a new trend. |
3.57
-0.28 (-7.27%)
SHATTUCK LABS INC / STTK FAQ
What is the technical rating for STTK stock?
ChartMill assigns a technical rating of 8 / 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 40.1571. This indicates that the stock is currently neutral.
What is the MACD signal for STTK stock?
The MACD indicator for SHATTUCK LABS INC (STTK) has a value of -0.129982, indicating a bearish trend.
What is the support and resistance level for STTK stock?
SHATTUCK LABS INC (STTK) has a support level at 3.56 and a resistance level at 4.48. Check the full technical report for our detailed analysis of STTK support and resistance levels.