STREAMLINE HEALTH SOLUTIONS (STRM) Stock Technical Analysis
NASDAQ:STRM - Nasdaq - US86323X2053 - Common Stock - Currency: USD
Taking everything into account, STRM scores 2 out of 10 in our technical rating. STRM'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than STRM.
STRM is part of the Health Care Technology industry. There are 39 other stocks in this industry, of which 60% are performing better than STRM.
STRM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
STRM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: STRM has an average volume of 28654 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, STRM 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 3.68. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for STRM 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
3.49
8.19
We found 2 important support areas.
- Support @3.59 from a horizontal line in the daily time frame.
- A support zone ranging from 3.53 to 3.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.68 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.06 to 4.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.11 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.92
Mansfield-3.53
10 Day High3.9
10 Day Low3.41
20 Day High4.71
20 Day Low3.41
52 Week High9.75
52 Week Low1.85
Performance
1 Week-1.64%
2 Weeks-4.51%
1 Month-10%
3 Month14.29%
6 Month-54.47%
12 Month-45.48%
2 Year-87.3%
3 Year-83.67%
5 Year-81.25%
10 Year-94.15%
15 Year-87.43%
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)44.72
LBB3.33
UBB4.12
3.6
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0%
1 Week-1.64%
2 Weeks-4.51%
1 Month-10%
3 Month14.29%
6 Month-54.47%
12 Month-45.48%
2 Year-87.3%
3 Year-83.67%
5 Year-81.25%
10 Year-94.15%
15 Year-87.43%
Volatility
ATR(14)0.29
ATR(20)%8.22%
ATR Inc-72.24%
Range Today0.13
ADR(20)0.29
ADR(20)%8.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.92
Mansfield-3.53
10 Day High3.9
10 Day Low3.41
20 Day High4.71
20 Day Low3.41
52 Week High9.75
52 Week Low1.85
CS1 End3.59
CR1 Start3.68
Volume & EV
DER(3)11.01%
DER(5)13.93%
Volume2.90K
Volume Incr-62.83%
Vol(5)6.68K
Vol(50)28.65K