STAAR SURGICAL CO (STAA) Stock Technical Analysis
USA - NASDAQ:STAA - US8523123052 - Common Stock
Overall STAA gets a technical rating of 5 out of 10. In the last year, STAA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
STAA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.55, a Stop Loss order could be placed below this zone.
More info and screens
17.37
5 important support areas can be observed.
- A support zone ranging from 25.95 to 26.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.03 from a horizontal line in the weekly time frame.
- Support @24.26 from a horizontal line in the daily time frame.
- Support @19.02 from a trend line in the daily time frame.
- Support @17.55 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @27.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.37 to 28.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for STAA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STAA is neutral. |
| ChartMill Relative Strength | 55.12 | NEUTRAL | STAA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STAA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of STAA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.93 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests STAA has a positive trend. |
| Stochastics (14,3) | 64.85 | NEUTRAL | The Stochastics value for STAA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for STAA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for STAA suggests a weak or negative trend. |
27.35
+0.9 (+3.4%)
STAAR SURGICAL CO / STAA FAQ
What is the technical rating for STAA stock?
ChartMill assigns a technical rating of 5 / 10 to STAA.
What is the trend direction for STAA stock?
The current trend direction for STAAR SURGICAL CO (STAA) is Bullish.
What is the RSI signal for STAA stock?
STAAR SURGICAL CO (STAA) has an RSI value of 55.9255. This indicates that the stock is currently neutral.
What is the short term momentum for STAAR SURGICAL CO (STAA) stock?
The short term momentum for STAAR SURGICAL CO (STAA) is neutral.