Satsuma Pharmaceuticals Inc (STSA) Technical Analysis
NASDAQ:STSA • US80405P1075
Current stock price
STSA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to STSA. In the past year, STSA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 87% of all other stocks performed better in the past year than STSA.
- STSA is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 62% are performing better than STSA.
- STSA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so STSA is lagging the market.
- In the last month STSA has a been trading in the 1.01 - 1.14 range, which is quite wide. It is currently trading near the high of this range.
- STSA has an average volume of 1351750 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.
STSA Weekly and Daily overview Charts
STSA Setup Rating and Analysis
STSA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for STSA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
STSA Support and Resistance Analysis
0.64
We found 3 important support areas.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.67 from a trend line in the daily time frame.
- Support @0.65 from a horizontal line in the weekly time frame.
STSA 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 | DOWN | NEGATIVE | The long term trend for STSA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STSA is neutral. |
| ChartMill Relative Strength | 13.14 | NEGATIVE | STSA has a low relative strength, it was outperformed by 86.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.82 | NEUTRAL | The RSI value for STSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests STSA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.85 | NEUTRAL | The Stochastics value for STSA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for STSA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.88 | POSITIVE | The high ADX value value for STSA suggests a strong trend. |
STSA Chart- and CandleStick Pattern Analysis
STSA Technicals: Chart, Performance Metrics, Trend & Indicators
1.1
-0.01 (-0.9%)
Satsuma Pharmaceuticals Inc / STSA TA FAQ
What is the technical rating for STSA stock?
ChartMill assigns a technical rating of 4 / 10 to STSA.
Can you provide the trend direction for Satsuma Pharmaceuticals Inc?
The current trend direction for Satsuma Pharmaceuticals Inc (STSA) is Bearish.
What is the RSI signal for STSA stock?
Satsuma Pharmaceuticals Inc (STSA) has an RSI value of 60.8186. This indicates that the stock is currently neutral.
What is the short term momentum for Satsuma Pharmaceuticals Inc (STSA) stock?
The short term momentum for Satsuma Pharmaceuticals Inc (STSA) is neutral.
What is the support and resistance level for STSA stock?
Satsuma Pharmaceuticals Inc (STSA) has a support level at 1.04. Check the full technical report for our detailed analysis of STSA support and resistance levels.