STRATASYS LTD (SSYS) Stock Technical Analysis
USA - NASDAQ:SSYS - IL0011267213 - Common Stock
We assign a technical rating of 0 out of 10 to SSYS. SSYS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SSYS is bad and it also does not present a 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
8.85
When analyzing the support we notice one important area.
- A support zone ranging from 8.94 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 9.61 to 9.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.44 to 10.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.13 from a horizontal line in the daily time frame.
- Resistance @11.92 from a trend line in the weekly time frame.
- Resistance @12.19 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 | DOWN | NEGATIVE | The short term trend for SSYS is down. |
| ChartMill Relative Strength | 31.36 | NEUTRAL | SSYS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSYS is below 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) | 30.24 | NEUTRAL | The RSI value for SSYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SSYS has a negative trend. |
| Stochastics (14,3) | 7.89 | OVERSOLD | The low Stochastics value suggests SSYS may be oversold. |
| Average True Range in percent/ATR (20) | 6.8 | HIGH VOLATILITY | The high ATR as a percentage value for SSYS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for SSYS suggests a possible start of a new trend. |
8.95
-0.38 (-4.07%)
STRATASYS LTD / SSYS FAQ
What is the technical rating for SSYS stock?
ChartMill assigns a technical rating of 0 / 10 to SSYS.
What is the trend direction for SSYS stock?
The current trend direction for STRATASYS LTD (SSYS) is Bearish.
What is the RSI signal for STRATASYS LTD (SSYS) stock?
STRATASYS LTD (SSYS) has an RSI value of 30.2426. 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 -0.173985, indicating a bearish trend.
What are the support and resistance levels for STRATASYS LTD (SSYS) stock?
STRATASYS LTD (SSYS) has a support level at 8.94 and a resistance level at 9.61. Check the full technical report for our detailed analysis of SSYS support and resistance levels.