ST Engineering: Resistance at $3.00

ST Engineering daily and weekly charts look bearish after being rejected at 61.8% Fibonacci Retracement Level at about $3.00. 2/5 EMA and 20 SMA are trending down on daily chart. Next support is $2.95 (50% FR) followed by $2.92 (200D SMA). Down trend continues if these two supports are broken.

  • Stock Price = $2.98
  • Current PE = 17.34
  • Rolling PE = 16.61
  • Dividend Yield = 2.34%
  • Beta (75 days) = 0.78

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