We assign a technical rating of 10 out of 10 to STX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STX 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, STX did better than 97% of all other stocks. On top of that, STX also shows a nice and consistent pattern of rising prices.
- STX is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 94% of 35 stocks in the same industry.
- STX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month STX has a been trading in the 274.27 - 336.17 range, which is quite wide. It is currently trading near the high of this range.
- STX has an average volume of 3736830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, STX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
274.87
3 important support areas can be observed.
- Support @292.88 from a trend line in the daily time frame.
- A support zone ranging from 282.60 to 286.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @277.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 326.24 to 330.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for STX is up. |
| ChartMill Relative Strength | 97.78 | POSITIVE | STX has a high relative strength, it outperformed 97.78% 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) | 60.72 | NEUTRAL | The RSI value for STX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.18 | POSITIVE | The MACD value suggests STX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.95 | OVERBOUGHT | The high Stochastics value suggests STX may be overbought. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for STX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.8 | NEGATIVE | The low ADX value for STX suggests a weak or negative trend. |
325.99
-0.24 (-0.07%)
SEAGATE TECHNOLOGY HOLDINGS / STX 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.
Can you provide the RSI signal for SEAGATE TECHNOLOGY HOLDINGS?
SEAGATE TECHNOLOGY HOLDINGS (STX) has an RSI value of 60.7197. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SEAGATE TECHNOLOGY HOLDINGS?
The MACD indicator for SEAGATE TECHNOLOGY HOLDINGS (STX) has a value of 2.17618, indicating a bullish trend.
What is the short term momentum for STX stock?
The short term momentum for SEAGATE TECHNOLOGY HOLDINGS (STX) is positive.