STEREOTAXIS INC (STXS) Technical Analysis
NYSEARCA:STXS • US85916J4094
Current stock price
STXS Technical Rating and Analysis
Overall STXS gets a technical rating of 1 out of 10. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, STXS is a bad performer in the overall market: 79% of all stocks are doing better.
- STXS 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 STXS has a been trading in the 1.76 - 2.12 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- STXS is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, STXS did better than 59% of them.
STXS Weekly and Daily overview Charts
STXS Setup Rating and Analysis
Although the technical rating is bad, STXS does present a nice setup opportunity. 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 1.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for STXS 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
STXS Support and Resistance Analysis
1.76
When analyzing the support we notice one important area.
- A support zone ranging from 1.78 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.93 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.22 from a trend line in the weekly time frame.
- Resistance @2.69 from a trend line in the daily time frame.
- Resistance @2.85 from a horizontal line in the daily time frame.
STXS 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 | DOWN | NEGATIVE | The long term trend for STXS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STXS is neutral. |
| ChartMill Relative Strength | 21.01 | NEGATIVE | STXS has a low relative strength, it was outperformed by 78.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of STXS is below the rising 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) | 50.24 | NEUTRAL | The RSI value for STXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests STXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.48 | NEUTRAL | The Stochastics value for STXS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for STXS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.99 | NEGATIVE | The low ADX value for STXS suggests a weak or negative trend. |
STXS Chart- and CandleStick Pattern Analysis
STXS Technicals: Chart, Performance Metrics, Trend & Indicators
1.93
+0.06 (+3.21%)
STEREOTAXIS INC / STXS TA FAQ
What is the ChartMill technical rating of STEREOTAXIS INC (STXS) stock?
ChartMill assigns a technical rating of 1 / 10 to STXS.
What is the current trend direction of STEREOTAXIS INC (STXS) stock?
The current trend direction for STEREOTAXIS INC (STXS) is Bearish.
What is the RSI signal for STEREOTAXIS INC (STXS) stock?
STEREOTAXIS INC (STXS) has an RSI value of 50.2431. This indicates that the stock is currently neutral.
What is the MACD signal for STXS stock?
The MACD indicator for STEREOTAXIS INC (STXS) has a value of -0.00416201, indicating a bearish trend.