That's a great curious question that you ask @Josh1993. From an impartial view of a non-holder with no vested interest or conflicts, STO appears within my scans for the week and with further analysis it's clear that a technical set-up and resistance levels are currently present at $6.99 and $6.88 in the short term. Elliott Wave traders may be quite interested with the underlying technical set-up also that may explain the continual falling share price since mid-March and suggesting a target of about $6.50. The short term support level at $6.77 does still exist, but investment/trading sentiment appears to remain negative and a test of this support level appears to be currently 'in play'. Further discussion is also available in my weekly video available at the link below (sections of interest would include the sector breakdown involving the materials sector, as well as the top-down sector analysis for potential trades including STO - sections timestamped in the description area of the video).
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Last
$7.84 |
Change
0.100(1.29%) |
Mkt cap ! $25.46B |
Open | High | Low | Value | Volume |
$7.80 | $7.89 | $7.80 | $44.20M | 5.631M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2389 | $7.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.84 | 129419 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 7.830 |
2 | 1700 | 7.820 |
4 | 33670 | 7.810 |
1 | 30266 | 7.800 |
2 | 84288 | 7.790 |
Price($) | Vol. | No. |
---|---|---|
7.840 | 129419 | 3 |
7.850 | 68380 | 4 |
7.860 | 102384 | 10 |
7.870 | 97416 | 3 |
7.880 | 464193 | 3 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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STO (ASX) Chart |