SEAGATE TECHNOLOGY HOLDINGS (STX) Technical Analysis
NASDAQ:STX • IE00BKVD2N49
Current stock price
STX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to STX. Both in the recent history as in the last year, STX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that STX is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, STX also shows a nice and consistent pattern of rising prices.
- STX is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry. STX outperforms 94% of them.
- STX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so STX is performing more or less in line with the market.
- In the last month STX has a been trading in the 342.00 - 439.73 range, which is quite wide. It is currently trading near the high of this range.
- STX has an average volume of 4271290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STX Weekly and Daily overview Charts
STX Setup Rating and Analysis
Besides having an excellent technical rating, STX also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for STX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
STX Support and Resistance Analysis
339.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 396.76 to 401.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 376.64 to 380.06. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @367.23 from a trend line in the daily time frame.
- Support @343.14 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 429.37 to 431.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 446.57 to 446.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
STX 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 STX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STX is neutral. |
| ChartMill Relative Strength | 99.25 | POSITIVE | STX has a high relative strength, it outperformed 99.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.23 | NEUTRAL | The RSI value for STX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.4 | POSITIVE | The MACD value suggests STX has a positive trend. |
| Stochastics (14,3) | 71.71 | NEUTRAL | The Stochastics value for STX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for STX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.41 | NEGATIVE | The low ADX value for STX suggests a weak or negative trend. |
STX Chart- and CandleStick Pattern Analysis
STX Technicals: Chart, Performance Metrics, Trend & Indicators
429.36
+6.24 (+1.47%)
SEAGATE TECHNOLOGY HOLDINGS / STX TA FAQ
What is the technical rating for STX stock?
ChartMill assigns a technical rating of 10 / 10 to STX.
Can you provide the trend direction for SEAGATE TECHNOLOGY HOLDINGS?
The current trend direction for SEAGATE TECHNOLOGY HOLDINGS (STX) is Bullish.
What is the RSI signal for STX stock?
SEAGATE TECHNOLOGY HOLDINGS (STX) has an RSI value of 57.2311. This indicates that the stock is currently neutral.
What is the MACD signal for SEAGATE TECHNOLOGY HOLDINGS (STX) stock?
The MACD indicator for SEAGATE TECHNOLOGY HOLDINGS (STX) has a value of 1.39814, indicating a bullish trend.
What is the support and resistance level for STX stock?
SEAGATE TECHNOLOGY HOLDINGS (STX) has a support level at 401.9 and a resistance level at 429.37. Check the full technical report for our detailed analysis of STX support and resistance levels.