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.
Although STX has an excellent technical rating, the quality of the presented setup is not ideal 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
222.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 237.48 to 242.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @225.05 from a trend 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 | 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 | 97.58 | POSITIVE | STX has a high relative strength, it outperformed 97.58% 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) | 57.67 | NEUTRAL | The RSI value for STX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.26 | NEGATIVE | The MACD value suggests STX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.95 | NEUTRAL | The Stochastics value for STX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for STX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for STX suggests a weak or negative trend. |
272.28
+10.39 (+3.97%)
SEAGATE TECHNOLOGY HOLDINGS / STX FAQ
What is the technical rating for STX stock?
ChartMill assigns a technical rating of 10 / 10 to STX.
What is the trend direction for STX stock?
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 57.6731. This indicates that the stock is currently neutral.
What is the buy/sell signal for SEAGATE TECHNOLOGY HOLDINGS (STX) stock?
The buy/sell signal for SEAGATE TECHNOLOGY HOLDINGS (STX) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SEAGATE TECHNOLOGY HOLDINGS (STX) stock?
SEAGATE TECHNOLOGY HOLDINGS (STX) has a support level at 242.79. Check the full technical report for our detailed analysis of STX support and resistance levels.