SENSIENT TECHNOLOGIES CORP (SXT) Stock Technical Analysis
NYSE:SXT • US81725T1007
Taking everything into account, SXT scores 2 out of 10 in our technical rating. 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, SXT outperforms 67% of them, which is more or less in line with the market.
- SXT is an average performer in the Chemicals industry, it outperforms 54% of 83 stocks in the same industry.
- SXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SXT is lagging the market.
- In the last month SXT has a been trading in the 82.60 - 104.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SXT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
88.85
When analyzing the support we notice one important area.
- A support zone ranging from 89.75 to 90.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 95.10 to 98.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 101.44 to 102.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for SXT is down. |
| ChartMill Relative Strength | 67.07 | NEUTRAL | SXT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SXT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for SXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests SXT has a negative trend. |
| Stochastics (14,3) | 38.07 | NEUTRAL | The Stochastics value for SXT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SXT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for SXT suggests a possible start of a new trend. |
90.47
-0.22 (-0.24%)
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 trend direction for SXT stock?
The current trend direction for SENSIENT TECHNOLOGIES CORP (SXT) is Bearish.
What is the RSI signal for SXT stock?
SENSIENT TECHNOLOGIES CORP (SXT) has an RSI value of 37.4742. This indicates that the stock is currently neutral.
What is the MACD signal for SXT stock?
The MACD indicator for SENSIENT TECHNOLOGIES CORP (SXT) has a value of -0.84733, indicating a bearish trend.