While this happened, TD Cowen reiterated its ST Microelectronics [STM] rating to a Hold in a research note published on April 25, 2025; the price target was $23. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid February from “a Hold” to “a Buy”. Morgan Stanley also remained covering STM and has increased its forecast on February 13, 2025 with a “an Equal-weight” recommendation from previously “an Underweight” rating. BofA Securities revised its rating on February 06, 2025. It rated STM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of STM
On Friday, ST Microelectronics [NYSE:STM] saw its stock jump 3.32% to $23.93. Over the last five days, the stock has gained 2.05%. ST Microelectronics shares have fallen nearly -4.16% since the year began. Nevertheless, the stocks have fallen -41.19% over the past one year. While a 52-week high of $45.39 was reached on 02/20/25, a 52-week low of $17.25 was recorded on 04/08/25. SMA at 50 days reached $22.76, while 200 days put it at $26.12.
Levels Of Support And Resistance For STM Stock
The 24-hour chart illustrates a support level at 23.76, which if violated will result in even more drops to 23.58. On the upside, there is a resistance level at 24.07. A further resistance level may holdings at 24.21. The Relative Strength Index (RSI) on the 14-day chart is 59.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.15%. Stochastics %K at 90.60% indicates the stock is a selling.
