STERIS PLC (STE) Stock Technical Analysis
NYSE:STE - New York Stock Exchange, Inc. - IE00BFY8C754 - Common Stock - Currency: USD
Taking everything into account, STE scores 6 out of 10 in our technical rating. Although STE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
STE is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 75% of 189 stocks in the same industry.
In the last month STE has a been trading in the 204.90 - 229.01 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, STE outperforms 52% of them, which is more or less in line with the market.
STE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
STE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 223.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for STE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
197.33
230.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 221.15 to 223.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @215.88 from a trend line in the weekly time frame.
- A support zone ranging from 199.32 to 204.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 224.34 to 228.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.86
Mansfield0.06
10 Day High229.01
10 Day Low218.36
20 Day High229.01
20 Day Low204.9
52 Week High248.24
52 Week Low200.98
Performance
1 Week-0.43%
2 Weeks2.52%
1 Month5.5%
3 Month0.48%
6 Month2.33%
12 Month-3.04%
2 Year12.17%
3 Year-1.71%
5 Year35.21%
10 Year235.63%
15 Year604.68%
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)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)52.29
LBB219.07
UBB227.42
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 228.40 | 221.14 | 7.26 (3.18%) | 25.00% |
| An entry @228.40. This is a Buy Stop order right above the resistance zone. | An exit @221.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.26 points, which is 3.18%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
224.3
-0.51 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.23%
1 Week-0.43%
2 Weeks2.52%
1 Month5.5%
3 Month0.48%
6 Month2.33%
12 Month-3.04%
2 Year12.17%
3 Year-1.71%
5 Year35.21%
10 Year235.63%
15 Year604.68%
Volatility
ATR(14)4.6
ATR(20)%2.89%
ATR Inc-18.09%
Range Today4.29
ADR(20)6.2
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.86
Mansfield0.06
10 Day High229.01
10 Day Low218.36
20 Day High229.01
20 Day Low204.9
52 Week High248.24
52 Week Low200.98
CS1 End223.44
CR1 Start224.34
Volume & EV
DER(3)3.27%
DER(5)2.16%
Volume752.36K
Volume Incr86.52%
Vol(5)1.04M
Vol(50)633.97K