|
|
Archive
- 11/8/2024 -
Sign In to see current Signals. |
State Street Corp. (STT) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the State Street Corp. (STT). During the week, the STT gained 1.98 points, or 2.13%, and closed at 94.78 on Friday, November 8, 2024. STT was trading at average weekly trading volume.
STT is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See STT long-term trend chart]
A long-term downtrend had started on January 13, 2022 at 104.87 and reached 58.62 on October 13, 2022. STT lost 46.25 points, or 44.10%, in 39 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (66.92) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See STT medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 58.62 and reached 98.45 on November 6, 2024. STT gained -39.83 points, or -67.95%, in 107 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (71.64) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See STT weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since July 12, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See STT short-term trend chart]
A short-term uptrend had started on June 17, 2024 at 70.20 and reached 98.45 on November 6, 2024. STT gained -28.25 points, or -40.24%, in 142 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (89.36) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
 Daily Technical Indicators: [See STT daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|