SEAGATE TECHNOLOGY HOLDINGS (STX) Stock Technical Analysis
NASDAQ:STX - Nasdaq - IE00BKVD2N49 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to STX. Although STX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, STX did better than 71% of all other stocks.
In the last month STX has a been trading in the 92.68 - 110.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
STX has an average volume of 3055470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STX is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 41% of 32 stocks in the same industry.
STX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STX is lagging the market.
STX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 100.35, a Stop Loss order could be placed below this zone.
More info and screens
85.45
113.77
3 important support areas can be observed.
- A support zone ranging from 97.92 to 100.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.63 from a trend line in the weekly time frame.
- A support zone ranging from 86.31 to 87.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @102.16 from a trend line in the daily time frame.
- Resistance @104.10 from a horizontal line in the daily time frame.
- Resistance @109.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 112.12 to 112.64. 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
CRS71.89
Mansfield-0.4
10 Day High103.46
10 Day Low95.46
20 Day High110.24
20 Day Low92.68
52 Week High115.32
52 Week Low82.31
Performance
1 Week-0.62%
2 Weeks4.46%
1 Month-6.98%
3 Month1.23%
6 Month-3.41%
12 Month14.63%
2 Year56.21%
3 Year-2.24%
5 Year110.32%
10 Year65%
15 Year406.53%
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)0.29
RSI(14)56.11
LBB92.46
UBB105.18
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.17 | 97.91 | 4.26 (4.17%) | 23.98% |
| An entry @102.17. This is a Buy Stop order right above the resistance zone. | An exit @97.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.26 points, which is 4.17%. | When investing 23.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
100.85
-1.79 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-1.74%
1 Week-0.62%
2 Weeks4.46%
1 Month-6.98%
3 Month1.23%
6 Month-3.41%
12 Month14.63%
2 Year56.21%
3 Year-2.24%
5 Year110.32%
10 Year65%
15 Year406.53%
Volatility
ATR(14)2.42
ATR(20)%2.86%
ATR Inc-8.56%
Range Today2.92
ADR(20)2.74
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.89
Mansfield-0.4
10 Day High103.46
10 Day Low95.46
20 Day High110.24
20 Day Low92.68
52 Week High115.32
52 Week Low82.31
CS1 End100.35
CR1 Start102.16
Volume & EV
DER(3)-3.03%
DER(5)-1.65%
Volume2.48M
Volume Incr-43.84%
Vol(5)2.06M
Vol(50)3.06M