Taking everything into account, STXS scores 0 out of 10 in our technical rating. STXS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, STXS is a bad performer in the overall market: 85% of all stocks are doing better.
- STXS 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.
- In the last month STXS has a been trading in the 1.98 - 2.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- STXS is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, STXS did better than 47% of them.
The technical rating of STXS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.96
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.59 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.85 from a horizontal line in the daily time frame.
- Resistance @3.20 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 | NEUTRAL | NEUTRAL | The long term trend for STXS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STXS is down. |
| ChartMill Relative Strength | 15.4 | NEGATIVE | STXS has a low relative strength, it was outperformed by 84.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STXS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STXS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.83 | OVERSOLD | The low RSI value suggests STXS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests STXS has a negative trend. |
| Stochastics (14,3) | 4.76 | OVERSOLD | The low Stochastics value suggests STXS may be oversold. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for STXS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for STXS suggests a strong trend. |
1.98
-0.11 (-5.26%)
STEREOTAXIS INC / STXS FAQ
What is the ChartMill technical rating of STEREOTAXIS INC (STXS) stock?
ChartMill assigns a technical rating of 0 / 10 to STXS.
What is the current trend direction of STEREOTAXIS INC (STXS) stock?
The current trend direction for STEREOTAXIS INC (STXS) is Bearish.
Can you provide the RSI signal for STEREOTAXIS INC?
STEREOTAXIS INC (STXS) has an RSI value of 26.8317. This indicates that the stock is currently oversold.
Can you provide the short term momentum for STEREOTAXIS INC?
The short term momentum for STEREOTAXIS INC (STXS) is negative.
What is the support and resistance level for STXS stock?
STEREOTAXIS INC (STXS) has a resistance level at 2.59. Check the full technical report for our detailed analysis of STXS support and resistance levels.