STRATASYS LTD (SSYS) Stock Technical Analysis
USA - NASDAQ:SSYS - IL0011267213 - Common Stock
11.62 USD
+0.03 (+0.26%)
11.7 USD
+0.08 (+0.69%)
Overall SSYS gets a technical rating of 9 out of 10. In the last year, SSYS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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.
When comparing the yearly performance of all stocks, we notice that SSYS is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by SSYS over the past year are nicely spread over this period.
SSYS is one of the better performing stocks in the Machinery industry, it outperforms 78% of 129 stocks in the same industry.
SSYS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SSYS is lagging the market slightly.
In the last month SSYS has a been trading in the 9.62 - 12.10 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SSYS has an average volume of 1046080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SSYS 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
8.61
12.32
4 important support areas can be observed.
- A support zone ranging from 10.61 to 10.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.80 from a trend line in the weekly time frame.
- Support @9.39 from a trend line in the daily time frame.
- Support @8.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.67 to 11.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.20 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 SSYS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSYS is up. |
| ChartMill Relative Strength | 82.69 | POSITIVE | SSYS has a high relative strength, it outperformed 82.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.42 | NEUTRAL | The RSI value for SSYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SSYS has a positive trend. |
| Stochastics (14,3) | 80.78 | OVERBOUGHT | The high Stochastics value suggests SSYS may be overbought. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for SSYS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for SSYS 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)
11.62
+0.03 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.26%
1 Week10.35%
2 Weeks18.45%
1 Month3.47%
3 Month3.75%
6 Month14.88%
12 Month42.75%
2 Year-14.62%
3 Year-19.36%
5 Year-6.82%
10 Year-56.13%
15 Year-58.08%
Volatility
ATR(14)0.49
ATR(20)%3.96%
ATR Inc23.46%
Range Today0.39
ADR(20)0.45
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.69
Mansfield0.6
10 Day High12.1
10 Day Low9.66
20 Day High12.1
20 Day Low9.62
52 Week High12.88
52 Week Low6.92
CS1 End10.7
CR1 Start11.67
Volume & EV
DER(3)-8.32%
DER(5)-6.14%
Volume1.21M
Volume Incr65.69%
Vol(5)1.63M
Vol(50)1.05M