STANDEX INTERNATIONAL CORP (SXI) Technical Analysis
NYSE:SXI • US8542311076
Current stock price
SXI Technical Rating and Analysis
Overall SXI gets a technical rating of 8 out of 10. In the last year, SXI was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that SXI is one of the better performing stocks in the market, outperforming 86% of all stocks.
- SXI is one of the better performing stocks in the Machinery industry, it outperforms 80% of 131 stocks in the same industry.
- SXI 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 SXI is performing more or less in line with the market.
- In the last month SXI has a been trading in the 240.82 - 268.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SXI Weekly and Daily overview Charts
SXI Setup Rating and Analysis
Besides having an excellent technical rating, SXI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 257.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 252.14, a Stop Loss order could be placed below this zone.
More info and screens
SXI Support and Resistance Analysis
215.10
3 important support areas can be observed.
- A support zone ranging from 239.71 to 252.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 222.18 to 224.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @217.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 257.12 to 264.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SXI 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 SXI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SXI is neutral. |
| ChartMill Relative Strength | 86.41 | POSITIVE | SXI has a high relative strength, it outperformed 86.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SXI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.12 | NEUTRAL | The RSI value for SXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests SXI has a negative trend. |
| Stochastics (14,3) | 61.5 | NEUTRAL | The Stochastics value for SXI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for SXI suggests some volalility. |
| Average Directional Index/ADX (14) | 7.88 | NEGATIVE | The low ADX value for SXI suggests a weak or negative trend. |
SXI Chart- and CandleStick Pattern Analysis
SXI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 264.98 | 240.81 | 24.17 (9.12%) | 10.96% |
| An entry @264.98. This is a Buy Stop order right above the resistance zone. | An exit @240.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 24.17 points, which is 9.12%. | When investing 10.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SXI Technicals: Chart, Performance Metrics, Trend & Indicators
255.82
+1.86 (+0.73%)
STANDEX INTERNATIONAL CORP / SXI TA FAQ
What is the technical rating for SXI stock?
ChartMill assigns a technical rating of 8 / 10 to SXI.
What is the current trend direction of STANDEX INTERNATIONAL CORP (SXI) stock?
The current trend direction for STANDEX INTERNATIONAL CORP (SXI) is Bullish.
What is the RSI signal for SXI stock?
STANDEX INTERNATIONAL CORP (SXI) has an RSI value of 49.1152. This indicates that the stock is currently neutral.
What is the short term momentum for STANDEX INTERNATIONAL CORP (SXI) stock?
The short term momentum for STANDEX INTERNATIONAL CORP (SXI) is neutral.