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Archive - 10/16/2026 - Sign In to see current Signals. |
Seagate Technology (STX) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Seagate Technology (STX). During the week, the STX dropped -143.99 points, or -18.39%, and closed at 639.01 on Friday, October 16, 2026. It was the worst weekly loss since June 26, 2026. Weekly volume was 26% above average. STX is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See STX long-term trend chart] A long-term uptrend had started on May 12, 2016 at 18.42 and reached 1145.00 on June 18, 2026. STX gained -1126.58 points, or -6116.07%, in 527 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (142.64) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See STX medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 63.19 and reached 1145.00 on June 18, 2026. STX gained -1081.81 points, or -1712.00%, in 62 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (810.50) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. STX may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See STX weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since July 17, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See STX short-term trend chart] A short-term downtrend had started on August 17, 2026 at 1013.99 and reached 636.36 on October 16, 2026. STX lost 377.63 points, or 37.24%, in 60 days. Price is near the trend low.
Daily Technical Indicators: [See STX daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since October 5, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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