SENSIENT TECHNOLOGIES CORP (SXT) Stock Technical Analysis
USA - NYSE:SXT - US81725T1007 - Common Stock
We assign a technical rating of 2 out of 10 to SXT. SXT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, SXT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 96.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 95.52, a Stop Loss order could be placed below this zone.
More info and screens
72.49
We found 3 important support areas.
- A support zone ranging from 94.25 to 95.52. 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 91.53 to 92.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.22 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 96.73 to 96.81. 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 | DOWN | NEGATIVE | The long term trend for SXT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SXT is down. |
| ChartMill Relative Strength | 54.24 | NEUTRAL | SXT is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SXT is below a declining 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) | 48.19 | NEUTRAL | The RSI value for SXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests SXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.66 | NEUTRAL | The Stochastics value for SXT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SXT suggests some volalility. |
| Average Directional Index/ADX (14) | 39.41 | POSITIVE | The high ADX value value for SXT suggests a strong trend. |
96.72
+0.55 (+0.57%)
SENSIENT TECHNOLOGIES CORP / SXT FAQ
What is the ChartMill technical rating of SENSIENT TECHNOLOGIES CORP (SXT) stock?
ChartMill assigns a technical rating of 2 / 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 48.1855. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SENSIENT TECHNOLOGIES CORP?
The buy/sell signal for SENSIENT TECHNOLOGIES CORP (SXT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for SENSIENT TECHNOLOGIES CORP?
SENSIENT TECHNOLOGIES CORP (SXT) has a support level at 95.52 and a resistance level at 96.73. Check the full technical report for our detailed analysis of SXT support and resistance levels.