STAAR SURGICAL CO (STAA) Technical Analysis
NASDAQ:STAA • US8523123052
Current stock price
STAA Technical Rating and Analysis
Overall STAA gets a technical rating of 8 out of 10. In the last year, STAA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- STAA is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 94% of 187 stocks in the same industry.
- In the last month STAA has a been trading in the 18.50 - 26.94 range, which is quite wide. It is currently trading near the high of this range.
- STAA has an average volume of 1338620 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 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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 Weekly and Daily overview Charts
STAA Setup Rating and Analysis
Although STAA has an excellent technical rating, the quality of the presented setup is 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
STAA Support and Resistance Analysis
15.76
4 important support areas can be observed.
- A support zone ranging from 25.43 to 25.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.14 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.
We can see 4 important resistance areas.
- Resistance @25.76 from a trend line in the weekly time frame.
- Resistance @26.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.13 to 27.42. This zone is formed by a combination of multiple trend lines 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 | 86.34 | POSITIVE | STAA has a high relative strength, it outperformed 86.34% 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) | 61.57 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STAA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.58 | OVERBOUGHT | The high Stochastics value suggests STAA may be overbought. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for STAA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.35 | 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
25.48
-1.22 (-4.57%)
STAAR SURGICAL CO / STAA TA FAQ
What is the technical rating for STAA stock?
ChartMill assigns a technical rating of 8 / 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 61.5728. 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.