SHARPS TECHNOLOGY INC (STSS) Stock Technical Analysis
NASDAQ:STSS - Nasdaq - US82003F2002 - Common Stock - Currency: USD
Overall STSS gets a technical rating of 2 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, STSS is a bad performer in the overall market: 100% of all stocks are doing better.
STSS is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 92% 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.
STSS has an average volume of 92462700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month STSS has a been trading in the 3.44 - 7.04 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.
Although the technical rating is bad, STSS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.90
5.94
We found 1 important support area.
- A support zone ranging from 4.95 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @5.88 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 STSS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STSS is down. |
| ChartMill Relative Strength | 0.08 | NEGATIVE | STSS has a low relative strength, it was outperformed by 99.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of STSS is below the rising 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) | 40.39 | NEUTRAL | The RSI value for STSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests STSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.31 | NEUTRAL | The Stochastics value for STSS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.54 | HIGH VOLATILITY | The high ATR as a percentage value for STSS suggests high volalility. |
| Average Directional Index/ADX (14) | 8.99 | NEGATIVE | The low ADX value for STSS suggests a weak or negative 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)
5.2
-0.24 (-4.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.41%
1 Week-11.71%
2 Weeks-10.19%
1 Month36.48%
3 Month-92.04%
6 Month-99.08%
12 Month-99.71%
2 Year-99.9%
3 Year-99.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%11.54%
ATR Inc-8.76%
Range Today0.45
ADR(20)0.51
ADR(20)%9.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.08
Mansfield-9.93
10 Day High6.56
10 Day Low4.98
20 Day High7.04
20 Day Low3.44
52 Week High2224.2
52 Week Low3.36
CS1 End5
CR1 Start5.88
Volume & EV
DER(3)0.39%
DER(5)-3.9%
Volume102.90K
Volume Incr-83.43%
Vol(5)437.58K
Vol(50)92.46M