SHARPS TECHNOLOGY INC -27 (STSSW) Stock Technical Analysis
NASDAQ:STSSW - Nasdaq - - Currency: USD
Taking everything into account, STSSW scores 4 out of 10 in our technical rating. Although STSSW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture 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 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.
In the last month STSSW has a been trading in the 0.02 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.
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.
When comparing the yearly performance of all stocks, we notice that STSSW is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although the technical rating is only medium, STSSW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.03. Right above this resistance zone may be a good entry point.
More info and screens
0.02
0.03
We found 1 important support area.
- 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 the daily time frame.
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 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 STSSW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STSSW is neutral. |
| ChartMill Relative Strength | 87.68 | POSITIVE | STSSW has a high relative strength, it outperformed 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STSSW is below a declining 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) | DOWN | NEGATIVE | The current price of STSSW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.1 | 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) | 49.7 | NEUTRAL | The Stochastics value for STSSW is a neutral value. |
| Average True Range in percent/ATR (20) | 20.76 | HIGH VOLATILITY | The high ATR as a percentage value for STSSW suggests high volalility. |
| Average Directional Index/ADX (14) | 35.87 | POSITIVE | The high ADX value value for STSSW suggests a strong 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)
NASDAQ:STSSW (7/30/2025, 11:13:24 AM)
0.0259
0 (-6.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.5%
1 Week6.54%
2 Weeks10.8%
1 Month-7.36%
3 Month128.93%
6 Month-23.9%
12 Month-60.43%
2 Year-80.74%
3 Year-83.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%20.76%
ATR Inc52.93%
Range Today0.01
ADR(20)0.01
ADR(20)%20.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.68
Mansfield-4.02
10 Day High0.03
10 Day Low0.02
20 Day High0.04
20 Day Low0.02
52 Week High0.19
52 Week Low0.01
CS1 End0.03
CR1 Start0.03
Volume & EV
DER(3)-21.9%
DER(5)-13.32%
Volume4.81K
Volume Incr-65.01%
Vol(5)14.96K
Vol(50)162.95K