STEREOTAXIS INC (STXS) Stock Technical Analysis
USA - NYSEARCA:STXS - US85916J4094 - Common Stock
2.85 USD
-0.03 (-1.04%)
2.85 USD
0 (0%)
Overall STXS gets a technical rating of 8 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!
STXS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 89% of 191 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
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. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, STXS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.90. Right above this resistance zone may be a good entry point.
More info and screens
1.71
2.94
We found 4 important support areas.
- A support zone ranging from 2.82 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.70 from a horizontal line in the daily time frame.
- Support @2.37 from a trend line in the daily time frame.
- Support @1.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.90 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 | 86.22 | POSITIVE | STXS has a high relative strength, it outperformed 86.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STXS is above a declining 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) | 56.72 | NEUTRAL | The RSI value for STXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STXS has a negative trend. |
| Stochastics (14,3) | 57.42 | NEUTRAL | The Stochastics value for STXS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for STXS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.28 | 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 | 2.81 | 0.11 (3.77%) | 25.00% |
| An entry @2.92. This is a Buy Stop order right above the resistance zone. | An exit @2.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- The distance between exit and entry is rather small compared to the average daily movement of STXS. Please evaluate whether better entry and exit points can be found.
- 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.
2.85
-0.03 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.04%
1 Week-1.72%
2 Weeks1.42%
1 Month-1.72%
3 Month35.07%
6 Month55.74%
12 Month31.34%
2 Year80.38%
3 Year58.33%
5 Year-20.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.6%
ATR Inc-23.63%
Range Today0.09
ADR(20)0.12
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.22
Mansfield1.86
10 Day High2.94
10 Day Low2.67
20 Day High3.05
20 Day Low2.67
52 Week High3.05
52 Week Low1.54
CS1 End2.84
CR1 Start2.9
Volume & EV
DER(3)-2.88%
DER(5)-2.49%
Volume289.50K
Volume Incr-57.78%
Vol(5)232.84K
Vol(50)543.52K