Technical Analysis for STLC - Stelco Holdings Inc

Grade Last Price % Change Price Change
D 40.940 -1.82% -0.760
STLC closed down 1.82 percent on Friday, April 19, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Stochastic Reached Oversold Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 6 hours ago
Down 2% about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago
Down 1% about 10 hours ago
Fell Below Lower Bollinger Band about 10 hours ago

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Profile

Stelco Holdings Inc. produces and sells various steel products in Canada and the United States. It provides flat-rolled value-added steel, including coated, pre-painted, cold-rolled, and hot-rolled steel products, as well as metallurgical coke. The company sells its products to customers in the appliance, automotive, energy, construction, pipe, and tube industries, as well as to various steel service centers. Stelco Holdings Inc. was founded in 1910 and is headquartered in Hamilton, Canada.
Classification

Sector: Basic Materials
Industry: Steel
Keywords: Metal Energy Construction Pipe Pain Steel Hamilton Paint Steel Products Tube Steel Service Centers

Is STLC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 50.4854
52 Week Low 32.529
Average Volume 189,523
200-Day Moving Average 41.289
50-Day Moving Average 41.409
20-Day Moving Average 43.318
10-Day Moving Average 42.965
Average True Range 1.301
RSI (14) 40.48
ADX 21.19
+DI 21.870
-DI 32.188
Chandelier Exit (Long, 3 ATRs) 41.998
Chandelier Exit (Short, 3 ATRs) 44.392
Upper Bollinger Bands 45.554
Lower Bollinger Band 41.082
Percent B (%b) -0.03
BandWidth 10.324
MACD Line -0.031
MACD Signal Line 0.377
MACD Histogram -0.408
Fundamentals Value
Market Cap 3.63 Billion
Num Shares 88.7 Million
EPS 1.74
Price-to-Earnings (P/E) Ratio 23.60
Price-to-Sales 1.00
Price-to-Book 4.66
Dividend 0.40
Dividend Yield 0.98%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 41.945
Resistance 3 (R3) 41.907 41.533 41.778
Resistance 2 (R2) 41.533 41.277 41.553 41.722
Resistance 1 (R1) 41.237 41.119 41.050 41.275 41.666
Pivot Point 40.863 40.863 40.770 40.883 40.863
Support 1 (S1) 40.567 40.607 40.380 40.605 40.214
Support 2 (S2) 40.193 40.449 40.213 40.158
Support 3 (S3) 39.897 40.193 40.103
Support 4 (S4) 39.935