SEAGATE TECHNOLOGY HOLDINGS (STX) Stock Technical Analysis
NASDAQ:STX - Nasdaq - IE00BKVD2N49 - Common Stock - Currency: USD
Overall STX gets a technical rating of 9 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
STX is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 93% of 32 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 136.28 - 152.83 range, which is quite wide. It is currently trading near the high of this range.
STX has an average volume of 4262820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, STX did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
STX 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
144.94
154.30
When analyzing the support we notice one important area.
- A support zone ranging from 146.40 to 148.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 152.77 to 152.77. 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 | 94.03 | POSITIVE | STX has a high relative strength, it outperformed 94.03% 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) | 69.11 | NEUTRAL | The RSI value for STX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.79 | NEGATIVE | The MACD value suggests STX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.97 | NEUTRAL | The Stochastics value for STX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for STX suggests some volalility. |
| Average Directional Index/ADX (14) | 48.26 | POSITIVE | The high ADX value value for STX suggests a strong 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)
152.76
+6.17 (+4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg4.21%
1 Week3.83%
2 Weeks7.57%
1 Month12.07%
3 Month84.72%
6 Month41.2%
12 Month47.34%
2 Year140.57%
3 Year91%
5 Year237.82%
10 Year201.9%
15 Year1117.21%
Volatility
ATR(14)4.15
ATR(20)%2.58%
ATR Inc35.57%
Range Today5.83
ADR(20)3.88
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.03
Mansfield3.56
10 Day High152.83
10 Day Low142.45
20 Day High152.83
20 Day Low136.28
52 Week High152.83
52 Week Low63.19
CS1 End148.17
CR1 Start152.77
Volume & EV
DER(3)2.24%
DER(5)4.18%
Volume4.02M
Volume Incr-7.87%
Vol(5)3.80M
Vol(50)4.26M