Taking everything into account, STSS scores 0 out of 10 in our technical rating. STSS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of STSS is bad and it also does not present a quality setup 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
3.20
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.24 to 3.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 0.38 | NEGATIVE | STSS has a low relative strength, it was outperformed by 99.62% 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) | 38 | NEUTRAL | The RSI value for STSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests STSS has a positive trend. |
| Stochastics (14,3) | 40.38 | NEUTRAL | The Stochastics value for STSS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.09 | HIGH VOLATILITY | The high ATR as a percentage value for STSS suggests high volalility. |
| Average Directional Index/ADX (14) | 42.65 | POSITIVE | The high ADX value value for STSS suggests a strong trend. |
3.23
-0.04 (-1.22%)
SHARPS TECHNOLOGY INC / STSS FAQ
What is the technical rating for STSS stock?
ChartMill assigns a technical rating of 0 / 10 to STSS.
What is the trend direction for 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 38.0041. This indicates that the stock is currently neutral.
What is the MACD signal for SHARPS TECHNOLOGY INC (STSS) stock?
The MACD indicator for SHARPS TECHNOLOGY INC (STSS) has a value of 0.101799, indicating a bearish trend.
What is the buy/sell signal for SHARPS TECHNOLOGY INC (STSS) stock?
The buy/sell signal for SHARPS TECHNOLOGY INC (STSS) is sell as both the short term and long term trends are negative.