What are the key technical levels to watch for STLA's stock price?
4/17/2025 09:35pm
The key technical levels to watch for Stellantis (STLA) stock price are:
1. **Support Level**: The support level for STLA is $8.58. This is a significant level to watch as it represents the price at which demand is thought to be strong enough to prevent the price from falling further. A breakout below this level could indicate a continuation of the recent downward trend.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|STLA|STLA.N|Stellantis|20250417|9.3250|9.3700|169|
2. **Resistance Level**: The resistance level for STLA is $10.13. This is the price at which selling pressure is thought to be strong enough to prevent the price from rising further. A breakout above this level could indicate a potential reversal of the recent downward trend.
3. **Closing Price and Trading Volume**: The closing price on April 17, 2025, was $9.23, with a trading volume of 16.44 million shares. These figures are important to consider when analyzing the current technical momentum of the stock.
|code|Ticker|Name|Date|Closing Price|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|STLA|STLA.N|Stellantis|20250417|9.23|16442268|169|
4. **Moving Averages**: The 5-day, 10-day, 50-day, and 200-day moving averages are $9.23, $9.27, $11.97, and $14.07, respectively. These moving averages can be used to identify trends and support levels. A breakout above the 50-day or 200-day moving average could indicate a bullish signal, while a breakout below the 5-day or 10-day moving average could indicate a bearish signal.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|STLA|STLA.N|Stellantis|20250416|9.1480|169|
5. **Fibonacci Retracement**: The 618 Fibonacci retracement level over the past year is $19.25. This level is important to watch as it represents a potential reversal point. A breakout above or below this level could indicate a significant change in trend.
By monitoring these technical levels, traders and investors can gain insights into the current trend and potential price breakouts. It's important to consider these levels in conjunction with other technical analysis and market conditions to make informed trading or investment decisions.