SHARPS TECHNOLOGY INC -27 (STSSW) Technical Analysis
NASDAQ:STSSW
Current stock price
STSSW Technical Rating and Analysis
Overall STSSW gets a technical rating of 9 out of 10. In the past year, STSSW was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- STSSW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STSSW is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, STSSW did better than 97% of all other stocks. On top of that, STSSW also shows a nice and consistent pattern of rising prices.
- In the last month STSSW has a been trading in the 0.01 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
STSSW Weekly and Daily overview Charts
STSSW Setup Rating and Analysis
Besides having an excellent technical rating, STSSW also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
STSSW Support and Resistance Analysis
0.05
We found 1 important resistance area.
- Resistance @0.05 from a trend line in the daily time frame.
STSSW 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 | NEUTRAL | NEUTRAL | The long term trend for STSSW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STSSW is up. |
| ChartMill Relative Strength | 97.59 | POSITIVE | STSSW has a high relative strength, it outperformed 97.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STSSW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STSSW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STSSW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.56 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 75.82 | NEUTRAL | The Stochastics value for STSSW is a neutral value. |
| Average True Range in percent/ATR (20) | 20.4 | HIGH VOLATILITY | The high ATR as a percentage value for STSSW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.69 | NEGATIVE | The low ADX value for STSSW suggests a weak or negative trend. |
STSSW Chart- and CandleStick Pattern Analysis
STSSW Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.06 | 0.01 | 0.05 (78.67%) | 1.27% |
| An entry @0.06. This is a Buy Stop order right above the resistance zone. | An exit @0.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 78.67%. | When investing 1.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STSSW Technicals: Chart, Performance Metrics, Trend & Indicators
0.047
0 (-4.67%)
SHARPS TECHNOLOGY INC -27 / STSSW TA FAQ
What is the technical rating for STSSW stock?
ChartMill assigns a technical rating of 9 / 10 to STSSW.
What is the trend direction for STSSW stock?
The current trend direction for SHARPS TECHNOLOGY INC -27 (STSSW) is Bearish.
Can you provide the RSI signal for SHARPS TECHNOLOGY INC -27?
SHARPS TECHNOLOGY INC -27 (STSSW) has an RSI value of 59.5568. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SHARPS TECHNOLOGY INC -27?
The short term momentum for SHARPS TECHNOLOGY INC -27 (STSSW) is positive.