SENSIENT TECHNOLOGIES CORP (SXT)

US81725T1007 - Common Stock

69.14  +0.91 (+1.33%)

After market: 69.14 0 (0%)

Technical Rating and Analysis

6

Overall SXT gets a technical rating of 6 out of 10. SXT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month SXT has a been trading in the 66.72 - 72.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, SXT outperforms 54% of them, which is more or less in line with the market.
SXT is part of the Chemicals industry. There are 84 other stocks in this industry, SXT did better than 53% of them.
SXT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SXT is lagging the market slightly.
Weekly and Daily overview Charts
SXT Weekly chart
SXT Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, SXT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 69.09, 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.
Support and Resistance Analysis

59.79

72.48

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 68.41 to 69.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 64.65 to 64.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 60.39 to 60.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 69.19 to 69.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @71.76 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.4
Mansfield-0.21
10 Day High72.76
10 Day Low67.52
20 Day High72.76
20 Day Low66.72
52 Week High78.7
52 Week Low52.9
Performance
1 Week1.2%
2 Weeks2.72%
1 Month-0.96%
3 Month13.14%
6 Month20.08%
12 Month-7.55%
2 Year-18.27%
3 Year-15.93%
5 Year-1.4%
10 Year27.92%
15 Year195.72%
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)53.31
LBB66.44
UBB70.97
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.

ENTRYEXITDISTANCECAPITAL
69.7868.401.38 (1.98%)25.00%
An entry @69.78. This is a Buy Stop order right above the resistance zone.An exit @68.40. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.38 points, which is 1.98%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%.

  • 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.
SXT Daily chart

SENSIENT TECHNOLOGIES CORP

NYSE:SXT (4/19/2024, 7:18:26 PM)

After market: 69.14 0 (0%)

69.14

+0.91 (+1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.33%
1 Week1.2%
2 Weeks2.72%
1 Month-0.96%
3 Month13.14%
6 Month20.08%
12 Month-7.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.81
ATR(20)%2.4%
ATR Inc
Range Today1.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High72.76
10 Day Low67.52
20 Day High72.76
20 Day Low66.72
52 Week High78.7
52 Week Low52.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume189.00K
Volume Incr18.62%
Vol(5)236.86K
Vol(50)227.53K