SENSIENT TECHNOLOGIES CORP (SXT)

US81725T1007 - Common Stock

74.48  -0.12 (-0.16%)

After market: 74.4784 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to SXT. 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 74.06 - 78.77 range, which is quite wide. It is currently trading near the lows of this range.
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!
SXT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SXT is lagging the market slightly.
Looking at the yearly performance, SXT did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SXT is part of the Chemicals industry. There are 84 other stocks in this industry, SXT did better than 68% of them.
Weekly and Daily overview Charts
SXT Weekly chart
SXT Daily chart
Setup Rating and Analysis

8

SXT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 74.47, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

66.64

79.26

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 72.29 to 74.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @68.49 from a trend line in the weekly time frame.
  • Support @67.31 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 75.09 to 78.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS70.23
Mansfield-0.01
10 Day High78.77
10 Day Low74.06
20 Day High78.77
20 Day Low74.06
52 Week High78.77
52 Week Low52.9
Performance
1 Week-2.74%
2 Weeks-3.34%
1 Month-0.87%
3 Month9.76%
6 Month12.37%
12 Month7.07%
2 Year-7.55%
3 Year-13.96%
5 Year1.36%
10 Year33.67%
15 Year230%
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)-0.38
RSI(14)45.36
LBB74.33
UBB77.71
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
75.8074.051.75 (2.30%)25.00%
An entry @75.80. This is a Buy Stop order right above the 10 day moving average.An exit @74.05. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.75 points, which is 2.30%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%.

  • 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 (6/21/2024, 7:26:23 PM)

After market: 74.4784 0 (0%)

74.48

-0.12 (-0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.16%
1 Week-2.74%
2 Weeks-3.34%
1 Month-0.87%
3 Month9.76%
6 Month12.37%
12 Month7.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.29
ATR(20)%1.84%
ATR Inc
Range Today0.61
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 High78.77
10 Day Low74.06
20 Day High78.77
20 Day Low74.06
52 Week High78.77
52 Week Low52.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume455.60K
Volume Incr6.53%
Vol(5)163.92K
Vol(50)203.27K