STEVEN MADDEN LTD (SHOO) Stock Technical Analysis
NASDAQ:SHOO - Nasdaq - US5562691080 - Common Stock
Overall SHOO gets a technical rating of 0 out of 10. SHOO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SHOO is a bad performer in the overall market: 73% of all stocks are doing better.
SHOO is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 63% of 50 stocks in the same industry do better.
SHOO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHOO is lagging the market.
In the last month SHOO has a been trading in the 39.90 - 43.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHOO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SHOO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.03
46.65
We found 3 important support areas.
- A support zone ranging from 40.91 to 41.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.25 from a horizontal line in the daily time frame.
- Support @39.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.02 to 43.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.59 to 46.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.13
Mansfield-1.16
10 Day High42.84
10 Day Low39.9
20 Day High43.71
20 Day Low39.9
52 Week High50.01
52 Week Low37.99
Performance
1 Week4.62%
2 Weeks0.5%
1 Month-1.1%
3 Month-7.02%
6 Month-4.32%
12 Month-1.75%
2 Year17.49%
3 Year2.38%
5 Year9.23%
10 Year83.98%
15 Year431.22%
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)0.08
RSI(14)49.45
LBB40.19
UBB42.78
STEVEN MADDEN LTD
NASDAQ:SHOO (1/21/2025, 8:26:34 PM)
After market: 42.12 0 (0%)42.12
+1 (+2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.43%
1 Week4.62%
2 Weeks0.5%
1 Month-1.1%
3 Month-7.02%
6 Month-4.32%
12 Month-1.75%
2 Year17.49%
3 Year2.38%
5 Year9.23%
10 Year83.98%
15 Year431.22%
Volatility
ATR(14)0.98
ATR(20)%2.22%
ATR Inc14.08%
Range Today1.48
ADR(20)0.92
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.13
Mansfield-1.16
10 Day High42.84
10 Day Low39.9
20 Day High43.71
20 Day Low39.9
52 Week High50.01
52 Week Low37.99
CS1 End41.81
CR1 Start43.02
Volume & EV
DER(3)2.46%
DER(5)3.25%
Volume676.20K
Volume Incr-14.14%
Vol(5)624.38K
Vol(50)768.75K