STAAR SURGICAL CO (STAA) Technical Analysis
NASDAQ:STAA • US8523123052
Current stock price
STAA Technical Rating and Analysis
Overall STAA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, STAA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, STAA did better than 88% of all other stocks.
- STAA is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. STAA outperforms 93% of them.
- STAA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STAA is lagging the market slightly.
- In the last month STAA has a been trading in the 20.21 - 27.23 range, which is quite wide. It is currently trading near the high of this range.
- STAA has an average volume of 1319060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
STAA Weekly and Daily overview Charts
STAA Setup Rating and Analysis
Although STAA has an excellent technical rating, it does not offer a high 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
We found 5 important support areas.
- Support @27.11 from a trend line in the daily time frame.
- A support zone ranging from 24.92 to 25.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.26 from a trend line in the daily time frame.
- A support zone ranging from 16.26 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.
When analyzing the resistance we notice 2 important areas.
- Strong 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 | UP | POSITIVE | The long term trend for STAA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STAA is up. |
| ChartMill Relative Strength | 88.16 | POSITIVE | STAA has a high relative strength, it outperformed 88.16% off all stocks 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) | 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) | 67.96 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests STAA has a positive trend. |
| Stochastics (14,3) | 79.09 | NEUTRAL | The Stochastics value for STAA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for STAA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.51 | POSITIVE | The high ADX value value for STAA suggests a strong trend. |
STAA Chart- and CandleStick Pattern Analysis
STAA Technicals: Chart, Performance Metrics, Trend & Indicators
27.19
+0.83 (+3.15%)
STAAR SURGICAL CO / STAA TA FAQ
What is the technical rating for STAA stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for STAAR SURGICAL CO (STAA) stock?
STAAR SURGICAL CO (STAA) has an RSI value of 67.96. 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 buy as both the short term and long term trends are positive.