STEREOTAXIS INC (STXS) Stock Technical Analysis
NYSEARCA:STXS - US85916J4094 - Common Stock
2.9 USD
+0.14 (+5.07%)
2.9 USD
0 (0%)
Overall STXS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, STXS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that STXS is one of the better performing stocks in the market, outperforming 86% of all stocks.
STXS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 88% of 190 stocks in the same industry.
STXS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STXS is lagging the market slightly.
STXS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, STXS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.91. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.70
2.94
4 important support areas can be observed.
- Support @2.70 from a horizontal line in the daily time frame.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.23 from a horizontal line in the daily time frame.
- Support @1.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.91 to 2.91. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for STXS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STXS is up. |
| ChartMill Relative Strength | 86.35 | POSITIVE | STXS has a high relative strength, it outperformed 86.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STXS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.99 | NEUTRAL | The RSI value for STXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests STXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.47 | NEUTRAL | The Stochastics value for STXS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for STXS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.41 | POSITIVE | The high ADX value value for STXS 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)
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 |
|---|---|---|---|
| 2.92 | 2.69 | 0.23 (7.88%) | 12.70% |
| An entry @2.92. This is a Buy Stop order right above the resistance zone. | An exit @2.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 7.88%. | When investing 12.70% 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.
2.9
+0.14 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.07%
1 Week3.2%
2 Weeks2.11%
1 Month32.42%
3 Month28.89%
6 Month55.08%
12 Month37.44%
2 Year83.54%
3 Year61.11%
5 Year-18.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.55%
ATR Inc-22.88%
Range Today0.13
ADR(20)0.15
ADR(20)%5.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.35
Mansfield2.28
10 Day High2.99
10 Day Low2.67
20 Day High3.05
20 Day Low2.29
52 Week High3.05
52 Week Low1.54
CS1 End2.7
CR1 Start2.91
Volume & EV
DER(3)0.47%
DER(5)-0.43%
Volume543.30K
Volume Incr-29.6%
Vol(5)387.78K
Vol(50)559.28K