Stitch Fix Inc. (SFIX) has a limited trading history but let's take a look and see what we can glean from the charts and the indicators.
In this daily bar chart of SFIX, below, we can see a four-month rally from $20 in early June to over $50 by the middle of September. Prices quickly gave up those gains in a few short weeks as SFIX returned to the $25 area. Prices roughly held above the February-May trading range. The slope of the shorter 50-day moving average line is negative and with just a little bit of history we can see a slight positive slope to the 200-day line. The daily On-Balance-Volume (OBV) line shows a rise from June to the end of September and then a quick drop before turning flat. The Moving Average Convergence Divergence (MACD) crossed to the upside in late October for a cover shorts buy signal. The oscillator is just below the zero line and may or may not close above it in the days ahead.
In this weekly bar chart of SFIX, below, we do not get our usual three-years of price data. Prices are below the rising 40-week moving average line. The weekly OBV line is weakening while the MACD oscillator has started to narrow and may give us a cover shorts signal at some point.
In this Point and Figure chart of SFIX, below, we can see an upside price target to $38.
Bottom line strategy: We don't have a lot of price history on SFIX and with trading volumes being low and the OBV line being flat we don't look for an upside move. More sideways price action is anticipated.