Overall SHC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHC is showing a nice and steady performance.
Although SHC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.17 to 16.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.23 to 15.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.29 from a trend line in the daily time frame.
- Support @11.97 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHC is up. |
| ChartMill Relative Strength | 84.69 | POSITIVE | SHC has a high relative strength, it outperformed 84.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.18 | NEUTRAL | The RSI value for SHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SHC has a positive trend. |
| Stochastics (14,3) | 94.66 | OVERBOUGHT | The high Stochastics value suggests SHC may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for SHC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.57 | NEGATIVE | The low ADX value for SHC suggests a weak or negative trend. |
17.48
+0.04 (+0.23%)
SOTERA HEALTH CO / SHC FAQ
What is the technical rating for SHC stock?
ChartMill assigns a technical rating of 9 / 10 to SHC.
What is the trend direction for SHC stock?
The current trend direction for SOTERA HEALTH CO (SHC) is Bullish.
What is the RSI signal for SOTERA HEALTH CO (SHC) stock?
SOTERA HEALTH CO (SHC) has an RSI value of 67.1753. This indicates that the stock is currently neutral.
What is the short term momentum for SOTERA HEALTH CO (SHC) stock?
The short term momentum for SOTERA HEALTH CO (SHC) is positive.
What is the buy/sell signal for SOTERA HEALTH CO (SHC) stock?
The buy/sell signal for SOTERA HEALTH CO (SHC) is buy as both the short term and long term trends are positive.