STRATASYS LTD (SSYS) Technical Analysis
NASDAQ:SSYS • IL0011267213
Current stock price
SSYS Technical Rating and Analysis
Taking everything into account, SSYS scores 0 out of 10 in our technical rating. SSYS'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.
- 84% of all other stocks performed better in the past year than SSYS.
- SSYS is one of the lesser performing stocks in the Machinery industry. 77% of 131 stocks in the same industry do better.
- SSYS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SSYS is lagging the market.
- In the last month SSYS has a been trading in the 7.34 - 8.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SSYS Weekly and Daily overview Charts
SSYS Setup Rating and Analysis
SSYS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.65, a Stop Loss order could be placed below this zone.
More info and screens
SSYS Support and Resistance Analysis
7.51
When analyzing the support we notice one important area.
- A support zone ranging from 7.59 to 7.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.04 to 8.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.81 to 10.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.70 from a horizontal line in the weekly time frame.
- Resistance @12.19 from a horizontal line in the weekly time frame.
SSYS Technical Indicator Signal Analysis
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 SSYS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSYS is down. |
| ChartMill Relative Strength | 16.57 | NEGATIVE | SSYS has a low relative strength, it was outperformed by 83.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SSYS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSYS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SSYS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.31 | NEUTRAL | The RSI value for SSYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SSYS has a positive trend. |
| Stochastics (14,3) | 67.38 | NEUTRAL | The Stochastics value for SSYS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SSYS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.31 | POSITIVE | The high ADX value value for SSYS suggests a strong trend. |
SSYS Chart- and CandleStick Pattern Analysis
SSYS Technicals: Chart, Performance Metrics, Trend & Indicators
8.03
+0.06 (+0.75%)
STRATASYS LTD / SSYS TA FAQ
What is the technical rating for SSYS stock?
ChartMill assigns a technical rating of 0 / 10 to SSYS.
Can you provide the trend direction for STRATASYS LTD?
The current trend direction for STRATASYS LTD (SSYS) is Bearish.
Can you provide the RSI signal for STRATASYS LTD?
STRATASYS LTD (SSYS) has an RSI value of 42.3073. This indicates that the stock is currently neutral.
What is the MACD signal for STRATASYS LTD (SSYS) stock?
The MACD indicator for STRATASYS LTD (SSYS) has a value of 0.101969, indicating a bearish trend.
What is the short term momentum for SSYS stock?
The short term momentum for STRATASYS LTD (SSYS) is negative.