SHARPS TECHNOLOGY INC -27 (STSSW) Stock Technical Analysis
NASDAQ:STSSW -
0.0254 USD
+0 (+0.79%)
0.0216 USD
0 (-14.96%)
We assign a technical rating of 2 out of 10 to STSSW. STSSW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
STSSW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When compared to the yearly performance of all other stocks, STSSW outperforms 57% of them, which is more or less in line with the market.
In the last month STSSW has a been trading in the 0.02 - 0.03 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, STSSW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for STSSW 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
0.02
0.03
We found 2 important support areas.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 STSSW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STSSW is neutral. |
| ChartMill Relative Strength | 57.95 | NEUTRAL | STSSW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STSSW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STSSW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STSSW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.2 | NEUTRAL | The RSI value for STSSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STSSW has a positive trend. |
| Stochastics (14,3) | 69.72 | NEUTRAL | The Stochastics value for STSSW is a neutral value. |
| Average True Range in percent/ATR (20) | 22.46 | HIGH VOLATILITY | The high ATR as a percentage value for STSSW suggests high volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for STSSW suggests a possible start of a new 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)
0.0254
+0 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.79%
1 Week2.01%
2 Weeks-5.93%
1 Month-11.19%
3 Month85.4%
6 Month-23.03%
12 Month-68.64%
2 Year-84.61%
3 Year-92.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%22.46%
ATR Inc-12.04%
Range Today0
ADR(20)0.01
ADR(20)%20.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.95
Mansfield-4.03
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.19
52 Week Low0.01
CS1 End0.03
CR1 Start0.03
Volume & EV
DER(3)22.68%
DER(5)18.06%
Volume10.40K
Volume Incr-44.62%
Vol(5)32.40K
Vol(50)52.95K