RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of STT
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State Street Corporation stock price up 0.92% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 4.15% PDF

The State Street Corporation stock price gained 0.92% on the last trading day (Wednesday, 27th Mar 2024), rising from $76.18 to $76.88. During the last trading day the stock fluctuated 1.46% from a day low at $76.13 to a day high of $77.24. The price has risen in 6 of the last 10 days and is up by 5.53% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 977 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $185.18 million.

Given the current short-term trend, the stock is expected to fall -4.42% during the next 3 months and, with a 90% probability hold a price between $66.30 and $73.48 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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STT Signals & Forecast

Mostly positive signals in the chart today. The State Street Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $75.27 and $73.24. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 8.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Tuesday, March 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, August 01, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, March 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, August 01, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, March 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, August 01, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for State Street Corporation stock

State Street Corporation finds support from accumulated volume at $75.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.11 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 1.60%.

The State Street Corporation stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $73.91 (-3.86%) (This stock has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (STT) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect State Street Corporation to open at $76.75, and during the day (based on 14 day Average True Range), to move between $75.60 and $78.16, which gives a possible trading interval of +/-$1.28 (+/-1.67%) up or down from last closing price. If State Street Corporation takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $77.30 (0.55%) than the support at $75.86 (1.33%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is State Street Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.135 Buy Candidate Unchanged

Predicted Opening Price for State Street Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$76.75 ( 0.169%) $76.88

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for STT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 77.86 1.27 %
R2 77.44 0.723 %
R1 77.17 0.382 %
Current price: 76.88
Support S1 76.33 -0.721 %
S2 76.06 -1.06 %
S3 75.64 -1.61 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 78.21 1.73 %
R2 77.32 0.572 %
R1 77.30 0.546 %
Current price 76.88
Support S1 75.86 -1.33%
S2 74.31 -3.34%
S3 73.03 -5.01%

STT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Mar 28, 2024 Apr 11, 2024 $0.690 0.90%
2 Dec 14, 2023 Dec 29, 2023 Jan 12, 2024 $0.690 0.90%
3 Jul 20, 2023 Sep 29, 2023 Oct 12, 2023 $0.690 1.08%
4 May 17, 2023 Jun 30, 2023 Jul 13, 2023 $0.630 0.81%
5 Feb 14, 2023 Mar 31, 2023 Apr 13, 2023 $0.630 0.799%

FAQ

What is the symbol for State Street Corporation Stock and on which exchange is it traded?
The symbol for State Street Corporation is STT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell State Street Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy State Street Corporation Stock?
State Street Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy State Street Corporation Stock.

What's the current price of State Street Corporation Stock?
As of the end of day on the 2024-03-27, the price of an State Street Corporation (STT) share was $76.88.

What is the 52-week high and low for State Street Corporation Stock?
The 52-week high for State Street Corporation Stock is $81.37 and the 52-week low is $62.78.

What is the market capitalization of State Street Corporation Stock?
As of the 2024-03-27, the market capitalization of State Street Corporation is 23.002B.

When is the next earnings date for State Street Corporation?
The upcoming earnings date for State Street Corporation is Apr 12, 2024.
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About State Street Corporation

State Street State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage and other trading services; securities finance and enhance... STT Profile

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