STEVANATO GROUP SPA (STVN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:STVN - IT0005452658 - Common Stock
We assign a technical rating of 0 out of 10 to STVN. STVN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, STVN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.55, a Stop Loss order could be placed below this zone.
More info and screens
20.31
We found 1 important support area.
- A support zone ranging from 20.52 to 20.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 23.22 to 23.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.77 from a trend line in the weekly time frame.
- Resistance @26.51 from a horizontal line in the weekly time frame.
- Resistance @27.25 from a horizontal line in the daily time frame.
- Resistance @27.95 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 STVN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STVN is down. |
| ChartMill Relative Strength | 21.68 | NEGATIVE | STVN has a low relative strength, it was outperformed by 78.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STVN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STVN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STVN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.34 | NEUTRAL | The RSI value for STVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STVN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.56 | OVERSOLD | The low Stochastics value suggests STVN may be oversold. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for STVN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for STVN suggests a weak or negative trend. |
20.84
+0.31 (+1.51%)
STEVANATO GROUP SPA / STVN FAQ
What is the ChartMill technical rating of STEVANATO GROUP SPA (STVN) stock?
ChartMill assigns a technical rating of 0 / 10 to STVN.
Can you provide the trend direction for STEVANATO GROUP SPA?
The current trend direction for STEVANATO GROUP SPA (STVN) is Bearish.
What is the RSI signal for STEVANATO GROUP SPA (STVN) stock?
STEVANATO GROUP SPA (STVN) has an RSI value of 41.3386. This indicates that the stock is currently neutral.
What is the MACD signal for STEVANATO GROUP SPA (STVN) stock?
The MACD indicator for STEVANATO GROUP SPA (STVN) has a value of -0.0148402, indicating a bearish trend.
Can you provide the support and resistance levels for STEVANATO GROUP SPA?
STEVANATO GROUP SPA (STVN) has a support level at 20.55 and a resistance level at 23.22. Check the full technical report for our detailed analysis of STVN support and resistance levels.