SENSIENT TECHNOLOGIES CORP (SXT) Stock Technical Analysis
NYSE:SXT - New York Stock Exchange, Inc. - US81725T1007 - Common Stock - Currency: USD
Overall SXT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SXT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SXT is one of the better performing stocks in the Chemicals industry, it outperforms 90% of 85 stocks in the same industry.
SXT 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 SXT is performing more or less in line with the market.
SXT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that SXT is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SXT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 95.64. Right above this resistance zone may be a good entry point.
More info and screens
66.64
96.60
5 important support areas can be observed.
- A support zone ranging from 93.94 to 94.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.83 from a horizontal line in the daily time frame.
- Support @76.43 from a horizontal line in the daily time frame.
- Support @71.67 from a trend line in the weekly time frame.
- Support @67.31 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 95.64 to 95.64. 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 SXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXT is up. |
| ChartMill Relative Strength | 91.77 | POSITIVE | SXT has a high relative strength, it outperformed 91.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.26 | NEUTRAL | The RSI value for SXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests SXT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.78 | NEUTRAL | The Stochastics value for SXT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for SXT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.2 | POSITIVE | The high ADX value value for SXT 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)
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 |
|---|---|---|---|
| 95.65 | 93.93 | 1.72 (1.80%) | 25.00% |
| An entry @95.65. This is a Buy Stop order right above the resistance zone. | An exit @93.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.72 points, which is 1.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- The distance between exit and entry is rather small compared to the average daily movement of SXT. Please evaluate whether better entry and exit points can be found.
- 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.
94.53
+0.08 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.08%
1 Week0.77%
2 Weeks-0.01%
1 Month2.02%
3 Month36.21%
6 Month21.75%
12 Month21.71%
2 Year31.24%
3 Year8.11%
5 Year88.61%
10 Year39.63%
15 Year241.39%
Volatility
ATR(14)1.97
ATR(20)%2.05%
ATR Inc-31.92%
Range Today1.06
ADR(20)1.89
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.77
Mansfield1.84
10 Day High95.73
10 Day Low92.86
20 Day High98.27
20 Day Low90.18
52 Week High98.27
52 Week Low66.15
CS1 End94.42
CR1 Start95.64
Volume & EV
DER(3)-0.38%
DER(5)-0.67%
Volume264.30K
Volume Incr-48.36%
Vol(5)242.86K
Vol(50)429.29K