Bollinger Band Analysis Review of Statoil ASA (NYSE:STO)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Statoil ASA (NYSE:STO) for the period of 9-Day stands at 94.27% while the stochastic %D for the same period stands at 89.98%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Statoil ASA (NYSE:STO) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Statoil ASA (NYSE:STO) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Statoil ASA (NYSE:STO)’s 20-Day Bollinger Band indicates “Buy”.

About Company

Statoil is an integrated oil and gas company.  One of the world’s biggest sellers of crude oil, Statoil is also a major supplier of natural gas in the European market and has substantial industrial operations. The group has service stations in the Scandinavian countries, Ireland, Poland, the Baltic states and Russia. Statoil is one of the world’s most environmentally-efficient producers and transporters of oil and gas.

Previous Day Activity Analysis

On the last trading day, Statoil ASA (NYSE:STO) opened the session at $20.81 and after going up 0.77% closed at $21.01. The stock gained 0.2 points in the last trade.

Statoil ASA (NYSE:STO)’s stock fluctuated in the range of $20.69 and $21.02 during the previous active session. Statoil ASA (NYSE:STO) traded with the volume of 2.83 Million with average volume of 1.66 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.96 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.28 and 65.41 respectively.

Currently the Insider Ownership of the shares of Statoil ASA (NYSE:STO) is at 67.3% and the shares outstanding are 3.3 Billion.

Important Ratio Analysis

Some important ratios to consider here for Statoil ASA (NYSE:STO) are discussed below:

Dividend yield of Statoil ASA (NYSE:STO) stands at 4.19% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 18.03.

The Price to Sale P/S and Price to Book P/B shows the value of 1.23 and 1.8 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.87 and 33.6 correspondingly.

The Quick Ratio of Statoil ASA (NYSE:STO) stands at 1.4 while the Current Ratio depicts the value of 1.5.

Return on Assets ROA of Statoil ASA (NYSE:STO) is at -0.7% whereas, Return on Equity ROE and Return of Investment ROI of Statoil ASA (NYSE:STO) stand at -2.1% and -4% respectively.

Stock Performance Analysis

The stock performance of Statoil ASA (NYSE:STO) on the basis of 5 day trade show the jump of 3.29% whereas, the monthly performance of the stock shows increase of 3.5%.

The quarterly performance of the stock remained in green zone with the value of 14.5% while six month performance of the shares of Statoil ASA (NYSE:STO) remained bullish with the count of 19.58%.

The yearly and YTD performance of Statoil ASA (NYSE:STO) remained up at 26.49% and 15.19% respectively.