Logo image of STSS

SHARPS TECHNOLOGY INC (STSS) Stock Technical Analysis

NASDAQ:STSS - Nasdaq - US82003F2002 - Common Stock - Currency: USD

6.16  -0.14 (-2.22%)

After market: 6.27 +0.11 (+1.79%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to STSS. Recently some decent action could be observed, but in the medium term time frame this is still negative. STSS was also a bad performer in the overall market in the last year.

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.
When comparing the yearly performance of all stocks, STSS is a bad performer in the overall market: 98% 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 84% are performing better than STSS.
STSS 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month STSS has a been trading in the 5.26 - 6.59 range, which is quite wide. It is currently trading near the high of this range.
STSS has an average volume of 1125310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SHARPS TECHNOLOGY INC / STSS Weekly stock chart
SHARPS TECHNOLOGY INC / STSS Daily stock chart
Setup Rating and Analysis

7

STSS has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

5.66

6.38

When analyzing the support we notice one important area.

  • A support zone ranging from 5.72 to 5.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.31 to 6.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for STSS is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for STSS is neutral.
ChartMill Relative Strength2.72NEGATIVESTSS has a low relative strength, it was outperformed by 97.28% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of STSS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of STSS is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of STSS is below a declining SMA(200).
Relative Strength Index/RSI (14)52.49NEUTRALThe RSI value for STSS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.12POSITIVEThe MACD value suggests STSS has a positive trend, although the MACD value is declining.
Stochastics (14,3)66.05NEUTRALThe Stochastics value for STSS is a neutral value.
Average True Range in percent/ATR (20)5.04HIGH VOLATILITYThe high ATR as a percentage value for STSS suggests high volalility.
Average Directional Index/ADX (14)16.18NEGATIVEThe low ADX value for STSS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
SHARPS TECHNOLOGY INC / STSS Daily stock chart

SHARPS TECHNOLOGY INC

NASDAQ:STSS (7/24/2025, 6:44:06 PM)

After market: 6.27 +0.11 (+1.79%)

6.16

-0.14 (-2.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.22%
1 Week6.02%
2 Weeks4.94%
1 Month14.29%
3 Month1.65%
6 Month-98.76%
12 Month-99.68%
2 Year-99.89%
3 Year-99.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%5.04%
ATR Inc-12.22%
Range Today0.27
ADR(20)0.3
ADR(20)%4.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.72
Mansfield-9.9
10 Day High6.59
10 Day Low5.66
20 Day High6.59
20 Day Low5.26
52 Week High2145
52 Week Low3.36
CS1 End5.82
CR1 Start6.31
Volume & EV
DER(3)6.52%
DER(5)5.2%
Volume21.70K
Volume Incr-67.51%
Vol(5)43.65K
Vol(50)1.13M