With the evolution of AI technology, AI offers more customization possibilities and lower search costs, leading to an increasing number of customers favoring these solutions. This undoubtedly reduces the opportunities for businesses or individuals to use SSTK's services.
Cost Disadvantage: As a traditional stock photo company, SSTK faces higher costs in content...
I think this stock is about to plunge from a massive Head and Shoulder Bearish Chart Pattern.
I am a contributor on Shutterstock from the time they were publicly listed and in the last years they changed the tiers in order to keep more for themselves and give less and less to the contributors. The earnings for contributors are now at the 2015-2016 low, people...
If you haven`t shorted SSTK at $89:
Net income decreased 10% to $26.6 million in Q1.
Then you should know that it is getting closet to or first price target of $66.
My buy area is at $40, though.
Looking forward to read your opinion about it.
If you haven`t sold the $96 right shoulder bearish chart pattern:
then allow me to tell you about my experience with Shutterstock, Inc. (SSTK) as a contributor:
I am a contributor on Shutterstock from the time they were publicly listed and in the last years they changed the tiers in order to keep more for themselves and give less and less to the contributors....
SSTK continues to advance to the upside. Picking up momentum against broader indices. If the indices have a recovery here off this pullback I think we could see SSTK on it's way to 130+. Good luck traders!
$SSTK navigated its way back to its 7 years high of $103 this week, closing lower in the latest session at $101.46. The April rally of $SSTK coincides with breakout of a 2 months downtrend channel, along with price action reversal behavior along its 20DMA. The cumulative gain garnered from this momentous breakout amounted to +14.40% in 14 trading...
NYSE:SSTK - Shutterstock, Inc. engages in the operation of marketplace for licensed content. The firm licenses images, video, music, editorial assets, and custom content tailored to a brand's needs. It operates through the Content Business and Other Category segments. The Content segment consists of Bigstock, Music, and Editorial. The Other Category segment...
Tight price consolidation on this one with an upcoming ex-dividend catalyst on 12/16, although purchase on or before 12/2 is required to receive it. This means we should see some buying on and before that date. From Yahoo Finance: "If you purchase the stock on or after the 2nd of December, you won't be eligible to receive this dividend, when it is paid on the...
SSTK broke the Lower High trend-line that has been keeping the stock bearish since September 2016. The 1D chart may be overbought already (RSI = 88.635, MACD = 3.340, ADX = 68.722) and rightly so, but the 1W chart still has considerable room to expansion. Our moderate Target is 62.00 with the top one being at 74.40.
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Shutterstock has broken the last trendline on monthly-weekly downtrend. It's in a solid uptrend from about 26$ and has reached the 60$ area in a couple of months. It seems in a confluence area with an unconfirmed bearish divergence. I'm expecting a retrace on the breakout area for a new wave up. A breakout on the rising trendline can invalidate this setup.
