STAAR SURGICAL CO (STAA) Technical Analysis
NASDAQ:STAA • US8523123052
Current stock price
20.21 USD
+0.88 (+4.55%)
At close:
20.31 USD
+0.1 (+0.49%)
After Hours:
STAA Technical Rating and Analysis
Overall STAA gets a technical rating of 3 out of 10. STAA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- STAA is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. STAA outperforms 73% of them.
- In the last month STAA has a been trading in the 16.83 - 20.32 range, which is quite wide. It is currently trading near the high of this range.
- STAA has an average volume of 1335840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When comparing the performance of all stocks over the past year, STAA turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- STAA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STAA is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
STAA Weekly and Daily overview Charts
STAA Setup Rating and Analysis
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
STAA Support and Resistance Analysis
15.76
28.86
We found 5 important support areas.
- Support @18.07 from a trend line in the daily time frame.
- Support @17.52 from a horizontal line in the weekly time frame.
- Support @17.23 from a horizontal line in the daily time frame.
- A support zone ranging from 16.20 to 16.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @15.92 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 20.22 to 20.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.90 from a trend line in the weekly time frame.
- Resistance @25.08 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.
STAA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for STAA is up. |
| ChartMill Relative Strength | 50.76 | 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 | MIXED | The current price of STAA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.72 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests STAA has a positive trend. |
| Stochastics (14,3) | 89.86 | OVERBOUGHT | The high Stochastics value suggests STAA may be overbought. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for STAA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for STAA suggests a weak or negative trend. |
STAA Chart- and CandleStick Pattern Analysis
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)
STAA Technicals: Chart, Performance Metrics, Trend & Indicators
20.21
+0.88 (+4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg4.55%
1 Week8.42%
2 Weeks15.68%
1 Month8.83%
3 Month-14.36%
6 Month-25.53%
12 Month26.95%
2 Year-56.03%
3 Year-71.32%
5 Year-85.25%
10 Year162.13%
15 Year264.14%
Volatility
ATR(14)1.06
ATR(20)%5.07%
ATR Inc-4.77%
Range Today1.16
ADR(20)1.02
ADR(20)%5.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.76
3 months CRS22.4
6 months CRS20.31
Mansfield-0.85
10 Day High20.32
10 Day Low16.83
20 Day High20.32
20 Day Low16.83
52 Week High30.81
52 Week Low14.69
CS1 End18.07
CR1 Start20.22
Volume & EV
DER(3)2.78%
DER(5)0.43%
Volume961.40K
Volume Incr-39.07%
Vol(5)848.12K
Vol(50)1.34M
STAAR SURGICAL CO / STAA TA FAQ
What is the technical rating for STAA stock?
ChartMill assigns a technical rating of 3 / 10 to STAA.
What is the current trend direction of STAAR SURGICAL CO (STAA) stock?
The current trend direction for STAAR SURGICAL CO (STAA) is Bearish.
What is the RSI signal for STAAR SURGICAL CO (STAA) stock?
STAAR SURGICAL CO (STAA) has an RSI value of 60.719. This indicates that the stock is currently neutral.
What is the short term momentum for STAA stock?
The short term momentum for STAAR SURGICAL CO (STAA) is positive.
Can you provide the buy/sell signal for STAAR SURGICAL CO?
The buy/sell signal for STAAR SURGICAL CO (STAA) is hold as the short term and long term trends are mixed.