Eben@CANSLIM ResearchSTX is trading in a clear Stage 2 advancing trend, holding above a rising 30-week moving average with a 16.4% six-week slope. The stock has completed an 8-week cup base with a 31.8% depth and a pivot at $1,093.26, though no breakout has occurred yet.
The technical setup is broadly bullish, with 7 of 8 trend template checks passing, including price above all key moving averages and a 535% gain off the 52-week low. The market is focused on whether STX can push through the cup’s pivot level to trigger a breakout, with sentiment rated as bullish and an offensive setup in place.
Technical Analysis
As of 2026-08-14 · Close $973.44
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 16.41%)
Detected Patterns — What the Market Is Watching
- Cup Base — depth 31.8%, length 8 weeks, pivot $1093.26. Base formed from 2026-06-22 (left-side high) to 2026-08-14, with the low of $745.49 set on 2026-07-16
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