SENSIENT TECHNOLOGIES CORP (SXT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SXT - US81725T1007 - Common Stock
Overall SXT gets a technical rating of 5 out of 10. SXT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SXT has only a medium technical rating, but it does show 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 96.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 96.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
73.63
4 important support areas can be observed.
- A support zone ranging from 96.57 to 96.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.37 to 94.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 89.75 to 92.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 96.81 to 97.65. 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 | NEUTRAL | NEUTRAL | The long term trend for SXT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXT is up. |
| ChartMill Relative Strength | 76.27 | POSITIVE | SXT has a high relative strength, it outperformed 76.27% 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) | 55.7 | NEUTRAL | The RSI value for SXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests SXT has a positive trend. |
| Stochastics (14,3) | 87.69 | OVERBOUGHT | The high Stochastics value suggests SXT may be overbought. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SXT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for SXT suggests a weak or negative trend. |
96.75
-0.39 (-0.4%)
SENSIENT TECHNOLOGIES CORP / SXT FAQ
What is the ChartMill technical rating of SENSIENT TECHNOLOGIES CORP (SXT) stock?
ChartMill assigns a technical rating of 5 / 10 to SXT.
What is the current trend direction of SENSIENT TECHNOLOGIES CORP (SXT) stock?
The current trend direction for SENSIENT TECHNOLOGIES CORP (SXT) is Bearish.
What is the RSI signal for SENSIENT TECHNOLOGIES CORP (SXT) stock?
SENSIENT TECHNOLOGIES CORP (SXT) has an RSI value of 55.6983. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SENSIENT TECHNOLOGIES CORP?
SENSIENT TECHNOLOGIES CORP (SXT) has a support level at 96.71 and a resistance level at 96.81. Check the full technical report for our detailed analysis of SXT support and resistance levels.