1040. That's the number for STRT Holding today, down from an open of 1050. It's not a crash, but it's a clear direction. The market is whispering something, and the technicals are shouting it back.
The Signal Is Loud
Strong Sell. That's the overall signal from the data. It’s not ambiguous. When you see three moving averages all flashing that same red light, you pay attention.
- EMA 200: Strong Sell
- SMA 100: Strong Sell
- EMA 10: Strong Sell
The price is sitting below all of them. It’s swimming against a current that just got stronger.
That Doji Tells a Story
The price action formed a Doji candle. For a stock at 1040, opening at 1050 and closing nearly flat means indecision turned into rejection. Buyers tried to push it up from the open, failed, and sellers took control by the close.
The pivot point sits at 1060, with immediate resistance at R1=1063.67. The fact it couldn't hold above even the pivot today is telling. Support? S1 is at 1056.33, which we've already broken through.
Volatility and Squeeze
High volatility with an ATR of over 4%. The Bollinger Bands show a normal squeeze, but the position is telling—price is in the lower 41% of the band.
| Metric | Value | Context |
|---|---|---|
| Bollinger Middle | 1093.6 | Price far below |
| Band Position | 41.74% | Lower half |
| Squeeze | Normal | No explosion yet |
A normal squeeze with high volatility often precedes a bigger move. The direction, given every other signal, seems lower.
The Lone Bullish Note?
The ADX reads 28.939 with a Strong Buy signal on trend strength. That’s interesting—it suggests a trend is establishing itself. But here’s the rub: an ADX doesn't tell you direction, only strength.
Coupled with the Ultimate Oscillator sitting dead neutral at 49.763, it paints a picture of building momentum without conviction on which way it breaks. My money’s on it breaking down to test that one-month low of 1030.
The Forecast Reality Check
A one-week performance of -3.7% isn't catastrophic, but it's part of a pattern. Using this data from an FCS API feed gives you a real-time snapshot most retail traders miss.
The path of least resistance is down until it can reclaim ground above those moving averages and the pivot point cluster around 1060-1064.
When every average says sell and the candle says maybe, do you really want to be the one buying?
