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Archive - 5/23/2025 - Sign In to see current Signals. |
State Street Corp. (STT) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the State Street Corp. (STT). During the week, the STT dropped -2.19 points, or -2.23%, and closed at 96.10 on Friday, May 23, 2025. Weekly volume was -39% below average. 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 uptrend had started on March 18, 2020 at 42.10 and reached 104.87 on January 13, 2022. STT gained -62.77 points, or -149.10%, in 95 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (72.71) 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 long-term trend.
Medium-term trend: [See STT medium-term trend chart] A medium-term uptrend had started on October 27, 2023 at 62.78 and reached 103.00 on January 30, 2025. STT gained -40.22 points, or -64.06%, in 65 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 81.12 and resistance is at 110.07. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See STT weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See STT short-term trend chart] A short-term downtrend had started on January 30, 2025 at 103.00 and reached 72.81 on April 7, 2025. STT lost 30.19 points, or 29.31%, in 67 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (52.24) 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 short-term trend.
Daily Technical Indicators: [See STT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 link to access Lane's Stochastic help. The daily MACD line is above its signal line since April 16, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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