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 STM
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Red day on Thursday for STMicroelectronics NV
(Updated on Mar 28, 2024)

Sell candidate since Mar 14, 2024 Loss -7.03% PDF

The STMicroelectronics NV stock price fell by -1.66% on the last day (Thursday, 28th Mar 2024) from $43.97 to $43.24. During the last trading day the stock fluctuated 1.28% from a day low at $43.06 to a day high of $43.61. The price has fallen in 7 of the last 10 days and is down by -7.03% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 million shares and in total, 2 million shares were bought and sold for approximately $101.75 million.

The stock is at the lower part of a wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $42.27 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect STMicroelectronics NV stock with a 90% probability to be traded between $41.96 and $48.18 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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STM Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.722%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The STMicroelectronics NV stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $43.47 and $45.37. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for STMicroelectronics NV stock

STMicroelectronics NV finds support from accumulated volume at $43.02 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.550 between high and low, or 1.28%. For the last week, the stock has had daily average volatility of 1.43%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (STM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect STMicroelectronics NV to open at $43.30, and during the day (based on 14 day Average True Range), to move between $42.16 and $44.32, which gives a possible trading interval of +/-$1.08 (+/-2.50%) up or down from last closing price. If STMicroelectronics NV takes out the full calculated possible swing range there will be an estimated 5.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $43.02 (0.51%) than the resistance at $44.62 (3.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is STMicroelectronics NV stock A Buy?

STMicroelectronics NV holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.274 Sell Candidate Unchanged

Predicted Opening Price for STMicroelectronics NV of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$43.30 ( 0.146%) $43.24

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

Trading levels for STM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 43.85 1.42 %
R2 43.64 0.93 %
R1 43.51 0.632 %
Current price: 43.24
Support S1 43.09 -0.339 %
S2 42.96 -0.640 %
S3 42.75 -1.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 44.99 4.05 %
R2 44.75 3.49 %
R1 44.62 3.19 %
Current price 43.24
Support S1 43.02 -0.509%
S2 42.93 -0.717%
S3 42.56 -1.57%

STM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Jun 25, 2024 Jul 02, 2024 $0.0900 0.208%
2 Mar 23, 2023 Mar 18, 2024 Mar 26, 2024 $0.0600 0.139%
3 Mar 23, 2023 Dec 11, 2023 Dec 19, 2023 $0.0600 0.119%
4 Mar 23, 2023 Sep 18, 2023 Sep 26, 2023 $0.0600 0.144%
5 Mar 23, 2023 Jun 26, 2023 Jul 05, 2023 $0.0600 0.122%

FAQ

What is the symbol for STMicroelectronics NV Stock and on which exchange is it traded?
The symbol for STMicroelectronics NV is STM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell STMicroelectronics NV Stock?
STMicroelectronics NV holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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

What's the current price of STMicroelectronics NV Stock?
As of the end of day on the 2024-03-28, the price of an STMicroelectronics NV (STM) share was $43.24.

What is the 52-week high and low for STMicroelectronics NV Stock?
The 52-week high for STMicroelectronics NV Stock is $55.85 and the 52-week low is $37.21.

What is the market capitalization of STMicroelectronics NV Stock?
As of the 2024-03-28, the market capitalization of STMicroelectronics NV is 38.668B.

When is the next earnings date for STMicroelectronics NV?
The upcoming earnings date for STMicroelectronics NV is Apr 25, 2024.
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About STMicroelectronics NV

STMicroelectronics NV STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs); and discrete and power ... STM Profile

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