STRATASYS LTD (SSYS) Stock Technical Analysis
NASDAQ:SSYS - IL0011267213 - Common Stock
10.65 USD
-0.58 (-5.16%)
10.69 USD
+0.04 (+0.38%)
We assign a technical rating of 7 out of 10 to SSYS. 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.
When comparing the yearly performance of all stocks, we notice that SSYS is one of the better performing stocks in the market, outperforming 85% of all stocks.
SSYS is part of the Machinery industry. There are 128 other stocks in this industry. SSYS outperforms 79% of them.
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 9.04 - 11.56 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
SSYS has an excellent technical rating and also presents 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 11.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.39, a Stop Loss order could be placed below this zone.
More info and screens
8.61
12.32
We found 2 important support areas.
- A support zone ranging from 9.21 to 9.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.32 to 11.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.75 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for SSYS is neutral. |
| ChartMill Relative Strength | 85.65 | POSITIVE | SSYS has a high relative strength, it outperformed 85.65% 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 | MIXED | The current price of SSYS is below 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) | 49.3 | NEUTRAL | The RSI value for SSYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SSYS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.57 | NEUTRAL | The Stochastics value for SSYS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for SSYS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.27 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.45 | 9.24 | 2.21 (19.30%) | 5.18% |
| An entry @11.45. This is a Buy Stop order right above the resistance zone. | An exit @9.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.21 points, which is 19.30%. | When investing 5.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.65
-0.58 (-5.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-5.16%
1 Week-3.88%
2 Weeks13.3%
1 Month0.57%
3 Month3.1%
6 Month0.76%
12 Month55.02%
2 Year-27.55%
3 Year-38.3%
5 Year-28.33%
10 Year-65.26%
15 Year-53.1%
Volatility
ATR(14)0.75
ATR(20)%5.82%
ATR Inc-22.44%
Range Today0.65
ADR(20)0.51
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.65
Mansfield0.11
10 Day High11.44
10 Day Low9.25
20 Day High11.57
20 Day Low9.04
52 Week High12.88
52 Week Low6.08
CS1 End9.39
CR1 Start11.32
Volume & EV
DER(3)2.62%
DER(5)0.27%
Volume939.80K
Volume Incr-3.03%
Vol(5)1.06M
Vol(50)777.97K