Taking everything into account, STAA scores 0 out of 10 in our technical rating. STAA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, STAA is a bad performer in the overall market: 80% of all stocks are doing better.
- STAA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month STAA has a been trading in the 16.94 - 22.15 range, which is quite wide. It is currently trading near the lows of this range.
- STAA has an average volume of 1520200 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 52% of 186 stocks in the same industry.
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
16.50
We found 1 important support area.
- Support @16.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 19.15 to 19.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.78 from a trend line in the weekly time frame.
- Resistance @26.15 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 | 20.18 | NEGATIVE | STAA has a low relative strength, it was outperformed by 79.82% 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) | DOWN | NEGATIVE | The current price of STAA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.97 | OVERSOLD | The low RSI value suggests STAA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests STAA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.66 | OVERSOLD | The low Stochastics value suggests STAA may be oversold. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for STAA suggests some volalility. |
| Average Directional Index/ADX (14) | 50.68 | POSITIVE | The high ADX value value for STAA suggests a strong trend. |
17.3
-0.11 (-0.63%)
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 25.9714. This indicates that the stock is currently oversold.
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.