STERIS PLC (STE) Stock Technical Analysis
USA - NYSE:STE - IE00BFY8C754 - Common Stock
We assign a technical rating of 8 out of 10 to STE. STE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
STE has an excellent technical rating, but the quality of the setup is only medium 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
197.51
We found 5 important support areas.
- A support zone ranging from 232.02 to 247.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @222.45 from a horizontal line in the daily time frame.
- Support @218.78 from a horizontal line in the daily time frame.
- Support @209.73 from a trend line in the weekly time frame.
- Support @199.51 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for STE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STE is up. |
| ChartMill Relative Strength | 75.38 | POSITIVE | STE has a high relative strength, it outperformed 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.95 | NEUTRAL | The RSI value for STE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.81 | POSITIVE | The MACD value suggests STE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests STE may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for STE suggests some volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for STE suggests a strong trend. |
260.44
-7.55 (-2.82%)
STERIS PLC / STE FAQ
Can you provide the ChartMill technical rating for STERIS PLC?
ChartMill assigns a technical rating of 8 / 10 to STE.
Can you provide the trend direction for STERIS PLC?
The current trend direction for STERIS PLC (STE) is Bearish.
What is the RSI signal for STERIS PLC (STE) stock?
STERIS PLC (STE) has an RSI value of 64.9484. This indicates that the stock is currently neutral.
What is the short term momentum for STE stock?
The short term momentum for STERIS PLC (STE) is positive.
Can you provide the support and resistance levels for STERIS PLC?
STERIS PLC (STE) has a support level at 247.28. Check the full technical report for our detailed analysis of STE support and resistance levels.