STEREOTAXIS INC (STXS) Technical Analysis
NYSEARCA:STXS • US85916J4094
Taking everything into account, STXS scores 0 out of 10 in our technical rating. STXS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, STXS is a bad performer in the overall market: 75% of all stocks are doing better.
- STXS 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 STXS is lagging the market.
- In the last month STXS has a been trading in the 1.85 - 2.35 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.
- STXS is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, STXS did better than 62% of them.
The technical rating of STXS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.87
When analyzing the resistance we notice 3 important areas.
- Resistance @2.34 from a trend line in the daily time frame.
- Resistance @2.43 from a trend line in the weekly time frame.
- Resistance @2.85 from a horizontal line 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 STXS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STXS is down. |
| ChartMill Relative Strength | 25.27 | NEGATIVE | STXS has a low relative strength, it was outperformed by 74.73% 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) | DOWN | NEGATIVE | The current price of STXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.5 | 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. |
| Stochastics (14,3) | 8.88 | OVERSOLD | The low Stochastics value suggests STXS may be oversold. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for STXS suggests high volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for STXS suggests a weak or negative trend. |
STXS Technicals: Chart, Performance Metrics, Trend & Indicators
1.89
+0.01 (+0.53%)
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 34.5008. This indicates that the stock is currently neutral.
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 2.34. Check the full technical report for our detailed analysis of STXS support and resistance levels.