Overall STAA gets a technical rating of 0 out of 10. STAA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, STAA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.12, a Stop Loss order could be placed below this zone.
17.53
We found 3 important support areas.
We can see 4 important resistance areas.
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 STAA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STAA is down. |
| ChartMill Relative Strength | 24.94 | NEGATIVE | STAA has a low relative strength, it was outperformed by 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STAA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.17 | NEUTRAL | The RSI value for STAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests STAA has a negative trend. |
| Stochastics (14,3) | 20.57 | NEUTRAL | The Stochastics value for STAA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for STAA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for STAA suggests a weak or negative trend. |
24.13
-0.55 (-2.23%)
ChartMill assigns a technical rating of 0 / 10 to STAA.
The current trend direction for STAAR SURGICAL CO (STAA) is Bearish.
STAAR SURGICAL CO (STAA) has an RSI value of 42.1685. This indicates that the stock is currently neutral.
The short term momentum for STAAR SURGICAL CO (STAA) is negative.