SHARPS TECHNOLOGY INC (STSS) Technical Analysis
NASDAQ:STSS • US82003F3091
Current stock price
STSS Technical Rating and Analysis
Overall STSS gets a technical rating of 0 out of 10. STSS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than STSS.
- STSS is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, of which 80% are performing better than STSS.
- STSS 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 STSS is lagging the market.
- In the last month STSS has a been trading in the 1.68 - 2.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
STSS Weekly and Daily overview Charts
STSS Setup Rating and Analysis
Although the technical rating is bad, STSS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
STSS Support and Resistance Analysis
1.74
We found 1 important support area.
- Support @1.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.81 to 1.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.89 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.96 from a horizontal line in the daily time frame.
STSS 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 STSS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STSS is down. |
| ChartMill Relative Strength | 3.76 | NEGATIVE | STSS has a low relative strength, it was outperformed by 96.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STSS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STSS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STSS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.54 | NEUTRAL | The RSI value for STSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests STSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.39 | NEUTRAL | The Stochastics value for STSS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for STSS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.14 | NEGATIVE | The low ADX value for STSS suggests a weak or negative trend. |
STSS Chart- and CandleStick Pattern Analysis
STSS Technicals: Chart, Performance Metrics, Trend & Indicators
1.77
-0.06 (-3.28%)
SHARPS TECHNOLOGY INC / STSS TA FAQ
What is the technical rating for STSS stock?
ChartMill assigns a technical rating of 0 / 10 to STSS.
What is the current trend direction of SHARPS TECHNOLOGY INC (STSS) stock?
The current trend direction for SHARPS TECHNOLOGY INC (STSS) is Bearish.
What is the RSI signal for STSS stock?
SHARPS TECHNOLOGY INC (STSS) has an RSI value of 44.5378. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SHARPS TECHNOLOGY INC?
The short term momentum for SHARPS TECHNOLOGY INC (STSS) is negative.
What is the buy/sell signal for STSS stock?
The buy/sell signal for SHARPS TECHNOLOGY INC (STSS) is sell as both the short term and long term trends are negative.