SOTERA HEALTH CO (SHC) Stock Technical Analysis
NASDAQ:SHC - Nasdaq - US83601L1026 - Common Stock - Currency: USD
Overall SHC gets a technical rating of 4 out of 10. SHC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
77% of all other stocks performed better in the past year than SHC.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SHC has a been trading in the 10.93 - 12.68 range, which is quite wide. It is currently trading near the high of this range.
SHC has an average volume of 1177680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SHC is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, SHC did better than 46% of them.
SHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SHC has an average technical rating and it also does not offer a high quality setup 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
10.82
17.02
When analyzing the support we notice one important area.
- A support zone ranging from 10.93 to 11.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @12.42 from a trend line in the daily time frame.
- Resistance @12.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.14 to 13.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.51 to 13.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.85 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHC is up. |
| ChartMill Relative Strength | 23.48 | NEGATIVE | SHC has a low relative strength, it was outperformed by 76.52% 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) | DOWN | MIXED | The current price of SHC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.68 | NEUTRAL | The RSI value for SHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SHC has a positive trend. |
| Stochastics (14,3) | 74.54 | NEUTRAL | The Stochastics value for SHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SHC suggests some volalility. |
| Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for SHC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.29
-0.01 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.08%
1 Week11.63%
2 Weeks5.86%
1 Month8.57%
3 Month-0.73%
6 Month-10.36%
12 Month-7.03%
2 Year-35.25%
3 Year-35.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.38%
ATR Inc-24.57%
Range Today0.21
ADR(20)0.4
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.48
Mansfield-1.57
10 Day High12.68
10 Day Low10.94
20 Day High12.68
20 Day Low10.93
52 Week High17.08
52 Week Low9.53
CS1 End11.1
CR1 Start12.42
Volume & EV
DER(3)3.05%
DER(5)4.09%
Volume1.23M
Volume Incr24.97%
Vol(5)1.28M
Vol(50)1.18M