Let's check out the charts and indicators of this Geneva-based semiconductor manufacturer.
In the daily bar chart of STM, below, we can see that prices were cut in half in just a few weeks in February and March. Prices have quickly rebounded to the upside to test the lower end of a $28 to $32 resistance zone. Prices are trading above the rising 50-day moving average line and the rising 200-day moving average line. We can see a recent bullish golden cross of the 50-day and 200-day averages.
The daily On-Balance-Volume (OBV) line shows a steady rising trend the past 12 months telling us that buyers of STM have been more aggressive the past years. Notice only a slight decline in the OBV line in February/March. The trend-following Moving Average Convergence Divergence (MACD) oscillator is above the zero line after its buy signal in late April.