We assign a technical rating of 0 out of 10 to STAA. STAA'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than STAA.
- In the last month STAA has a been trading in the 19.40 - 25.65 range, which is quite wide. It is currently trading near the lows of this range.
- STAA has an average volume of 1427740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- STAA is an average performer in the Health Care Equipment & Supplies industry, it outperforms 45% of 186 stocks in the same industry.
- 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.
The technical rating of STAA 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
17.87
2 important support areas can be observed.
- A support zone ranging from 20.60 to 20.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @21.99 from a trend line in the daily time frame.
- Resistance @23.16 from a trend line in the daily time frame.
- Resistance @25.58 from a trend line in the weekly time frame.
- Resistance @26.62 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for STAA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STAA is down. |
| ChartMill Relative Strength | 17.35 | NEGATIVE | STAA has a low relative strength, it was outperformed by 82.65% 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) | DOWN | NEGATIVE | The current price of STAA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STAA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.78 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests STAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.84 | NEUTRAL | The Stochastics value for STAA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for STAA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.2 | POSITIVE | The high ADX value value for STAA suggests a strong trend. |
20.61
-0.36 (-1.72%)
STAAR SURGICAL CO / STAA FAQ
What is the technical rating for STAA stock?
ChartMill assigns a technical rating of 0 / 10 to STAA.
Can you provide the trend direction for STAAR SURGICAL CO?
The current trend direction for STAAR SURGICAL CO (STAA) is Bearish.
What is the RSI signal for STAA stock?
STAAR SURGICAL CO (STAA) has an RSI value of 33.7813. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STAAR SURGICAL CO?
The short term momentum for STAAR SURGICAL CO (STAA) is negative.
What is the buy/sell signal for STAA stock?
The buy/sell signal for STAAR SURGICAL CO (STAA) is sell as both the short term and long term trends are negative.