We assign a technical rating of 1 out of 10 to SSYS. 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.
SSYS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
8.44
When analyzing the support we can see 2 important areas.
- Support @8.69 from a trend line in the weekly time frame.
- Support @8.53 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.95 to 8.96. 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 9.39 to 9.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.13 from a horizontal line in the daily 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 | 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 | 22.44 | NEGATIVE | SSYS has a low relative strength, it was outperformed by 77.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSYS is below the rising 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) | 42.89 | NEUTRAL | The RSI value for SSYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SSYS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.45 | NEUTRAL | The Stochastics value for SSYS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SSYS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for SSYS suggests a weak or negative trend. |
8.95
-0.12 (-1.32%)
STRATASYS LTD / SSYS FAQ
What is the technical rating for SSYS stock?
ChartMill assigns a technical rating of 1 / 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 42.8941. 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 0.0621427, indicating a bearish trend.
What are the support and resistance levels for STRATASYS LTD (SSYS) stock?
STRATASYS LTD (SSYS) has a support level at 8.69 and a resistance level at 8.95. Check the full technical report for our detailed analysis of SSYS support and resistance levels.