STEVEN MADDEN LTD (SHOO) Stock Technical Analysis
NASDAQ:SHOO - Nasdaq - US5562691080 - Common Stock - Currency: USD
Taking everything into account, SHOO scores 0 out of 10 in our technical rating. SHOO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SHOO is a bad performer in the overall market: 80% of all stocks are doing better.
SHOO is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, of which 67% are performing better than SHOO.
SHOO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SHOO has a been trading in the 36.40 - 42.27 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. 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 39.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.18, a Stop Loss order could be placed below this zone.
More info and screens
36.81
42.45
When analyzing the support we notice one important area.
- A support zone ranging from 37.18 to 37.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 39.27 to 39.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.07 to 42.03. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS20.33
Mansfield-1.76
10 Day High40.02
10 Day Low36.4
20 Day High42.27
20 Day Low36.4
52 Week High50.01
52 Week Low36.4
Performance
1 Week-3.63%
2 Weeks1.68%
1 Month-8.93%
3 Month-11.91%
6 Month-15.35%
12 Month-13.9%
2 Year5.32%
3 Year-10.38%
5 Year16.91%
10 Year57.07%
15 Year360.7%
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)0.13
RSI(14)39.89
LBB36.59
UBB40.1
38.23
-0.47 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.21%
1 Week-3.63%
2 Weeks1.68%
1 Month-8.93%
3 Month-11.91%
6 Month-15.35%
12 Month-13.9%
2 Year5.32%
3 Year-10.38%
5 Year16.91%
10 Year57.07%
15 Year360.7%
Volatility
ATR(14)1.19
ATR(20)%2.86%
ATR Inc-8.47%
Range Today1.14
ADR(20)0.96
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.33
Mansfield-1.76
10 Day High40.02
10 Day Low36.4
20 Day High42.27
20 Day Low36.4
52 Week High50.01
52 Week Low36.4
CS1 End37.18
CR1 Start39.27
Volume & EV
DER(3)-1.43%
DER(5)-0.71%
Volume721.60K
Volume Incr-9.12%
Vol(5)675.68K
Vol(50)724.05K