STRATA SKIN SCIENCES INC (SSKN) Stock Technical Analysis
NASDAQ:SSKN - Nasdaq - US86272A3059 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SSKN. SSKN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than SSKN.
SSKN is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 72% of 187 stocks in the same industry do better.
SSKN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SSKN has a been trading in the 2.13 - 2.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: SSKN has an average volume of 24172 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SSKN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SSKN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.12
3.01
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.30 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.51 from a trend line in the weekly time frame.
- Resistance @2.77 from a trend line in the daily time frame.
- Resistance @2.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.94 to 2.98. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for SSKN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSKN is down. |
| ChartMill Relative Strength | 7.59 | NEGATIVE | SSKN has a low relative strength, it was outperformed by 92.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSKN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSKN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SSKN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.06 | NEUTRAL | The RSI value for SSKN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SSKN has a negative trend. |
| Stochastics (14,3) | 4.91 | OVERSOLD | The low Stochastics value suggests SSKN may be oversold. |
| Average True Range in percent/ATR (20) | 9.33 | HIGH VOLATILITY | The high ATR as a percentage value for SSKN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for SSKN suggests a possible start of a new 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)
2.14
-0.07 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.17%
1 Week-9.32%
2 Weeks-9.32%
1 Month-8.15%
3 Month-17.37%
6 Month-28.31%
12 Month-35.93%
2 Year-78.6%
3 Year-79.81%
5 Year-82.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.33%
ATR Inc-26.82%
Range Today0.16
ADR(20)0.19
ADR(20)%8.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.59
Mansfield-2.88
10 Day High2.54
10 Day Low2.13
20 Day High2.89
20 Day Low2.13
52 Week High3.79
52 Week Low2.1
CS1 EndN/A
CR1 Start2.3
Volume & EV
DER(3)10.92%
DER(5)-4.44%
Volume521.00K
Volume Incr501.17%
Vol(5)113.20K
Vol(50)24.17K