Satsuma Pharmaceuticals Inc (STSA) Stock Technical Analysis
NASDAQ:STSA - Nasdaq - US80405P1075 - Common Stock - Currency: USD
Taking everything into account, STSA scores 4 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than STSA.
STSA is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 193 stocks in the same industry do better.
STSA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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 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
0.64
1.11
3 important support areas can be observed.
- 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.
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. |
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)
1.1
-0.01 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.9%
1 Week4.76%
2 Weeks5.77%
1 Month2.8%
3 Month19.59%
6 Month26.82%
12 Month-67.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%3.6%
ATR Inc232.69%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.14
Mansfield-6.38
10 Day High1.14
10 Day Low1.01
20 Day High1.14
20 Day Low1.01
52 Week High8.08
52 Week Low0.59
CS1 End1.04
CR1 StartN/A
Volume & EV
DER(3)12.78%
DER(5)7.36%
Volume1.83M
Volume Incr25.93%
Vol(5)601.16K
Vol(50)1.35M