STAAR SURGICAL CO (STAA) Stock Technical Analysis
USA - NASDAQ:STAA - US8523123052 - Common Stock
26.72 USD
-0.11 (-0.41%)
26.72 USD
0 (0%)
We assign a technical rating of 6 out of 10 to STAA. STAA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month STAA has a been trading in the 26.09 - 28.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
STAA is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 191 stocks in the same industry.
STAA has an average volume of 1818070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that STAA is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
STAA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STAA is lagging the market.
Considerably lower volume is observed in the last couple of days.
STAA has an average technical rating and the quality of the presented setup is also not ideal 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
17.05
28.86
3 important support areas can be observed.
- A support zone ranging from 26.49 to 26.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.21 from a trend line in the daily time frame.
- Support @17.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.83 to 27.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 80 | POSITIVE | STAA has a high relative strength, it outperformed 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STAA is above the rising 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) | 47.96 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests STAA has a negative trend. |
| Stochastics (14,3) | 42.28 | NEUTRAL | The Stochastics value for STAA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for STAA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.64 | POSITIVE | The high ADX value value for STAA suggests a strong 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)
26.72
-0.11 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.41%
1 Week-0.56%
2 Weeks0.64%
1 Month-3.47%
3 Month53.74%
6 Month59.14%
12 Month-15.47%
2 Year-36.11%
3 Year-62.3%
5 Year-63.14%
10 Year227.85%
15 Year407.02%
Volatility
ATR(14)0.42
ATR(20)%1.65%
ATR Inc60.83%
Range Today0.86
ADR(20)0.44
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80
Mansfield0.82
10 Day High27.49
10 Day Low26.1
20 Day High28.13
20 Day Low26.1
52 Week High33.28
52 Week Low13.5
CS1 End26.71
CR1 Start26.83
Volume & EV
DER(3)0.72%
DER(5)1.66%
Volume2.40M
Volume Incr13.02%
Vol(5)868.96K
Vol(50)1.82M