STMICROELECTRONICS

- EUR (-)

- 15 min delayed data - Italy Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	STMMI
ISIN:	NL0000226223

STMICROELECTRONICS - 1H - Technical analysis published on 04/01/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

My opinion

Bearish under 20.870 EUR

My targets

19.716 EUR (-2.85%)

17.447 EUR (-14.03%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on STMICROELECTRONICS as long as the price remains well below 20.870 EUR. The sellers' bearish objective is set at 19.716 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.447 EUR. In case of crossing, the next objective would be the support located at 10.196 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

STMICROELECTRONICS rating 20.295 EUR. The price has increased by +1.51% since the last closing and was between 20.080 EUR and 20.495 EUR. This implies that the price is at +1.07% from its lowest and at -0.98% from its highest.

20.080

20.495

20.295

Here is a more detailed summary of the historical variations registered by STMICROELECTRONICS:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this STMICROELECTRONICS chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	5.974	10.196	19.716	20.295	20.870	21.327	22.790
Change (%)	-70.56%	-49.76%	-2.85%	-	+2.83%	+5.08%	+12.29%
Change	-14.321	-10.099	-0.579	-	+0.575	+1.032	+2.495
Level	Major	Minor	Intermediate	-	Minor	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.229	19.473	19.733	19.977	20.237	20.481	20.741
Camarilla	19.855	19.902	19.948	19.994	20.040	20.086	20.133
Woodie	19.238	19.477	19.742	19.981	20.246	20.485	20.750
Fibonacci	19.473	19.665	19.784	19.977	20.169	20.288	20.481

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.447	18.973	19.737	21.263	22.027	23.553	24.317
Camarilla	19.870	20.080	20.290	20.500	20.710	20.920	21.130
Woodie	17.065	18.783	19.355	21.073	21.645	23.363	23.935
Fibonacci	18.973	19.848	20.389	21.263	22.138	22.679	23.553

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.973	16.845	18.419	21.291	22.865	25.737	27.311
Camarilla	18.771	19.179	19.587	19.994	20.402	20.809	21.217
Woodie	13.325	16.521	17.771	20.967	22.217	25.413	26.663
Fibonacci	16.845	18.543	19.592	21.291	22.989	24.038	25.737

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	38.59
MACD (12,26,9):	-0.4040
Directional Movement:	-8.205
AROON (14):	-57.143
DEMA (21):	19.850
Parabolic SAR (0,02-0,02-0,2):	19.716
Elder Ray (13):	0.087
Super Trend (3,10):	20.410
Zig ZAG (10):	20.275
VORTEX (21):	0.8020
Stochastique (14,3,5):	29.67
TEMA (21):	19.786
Williams %R (14):	-53.35
Chande Momentum Oscillator (20):	-0.385
Repulse (5,40,3):	-0.9150
ROCnROLL:	-1
TRIX (15,9):	-0.3080
Courbe Coppock:	8.43

MA7:	21.211
MA20:	22.310
MA50:	22.937
MA100:	23.593
MAexp7:	20.074
MAexp20:	20.401
MAexp50:	21.109
MAexp100:	21.784
Price / MA7:	-4.32%
Price / MA20:	-9.03%
Price / MA50:	-11.52%
Price / MA100:	-13.98%
Price / MAexp7:	+1.10%
Price / MAexp20:	-0.52%
Price / MAexp50:	-3.86%
Price / MAexp100:	-6.84%

Quotes : - 15 min delayed data - Italy Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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