|
|
Uptrend SupportArchive
- 4/19/2024 -
Sign In to see current Signals. |
STERIS plc (STE) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the STERIS plc (STE). During the week, the STE dropped -4.49 points, or -2.20%, and closed at 199.51 on Friday, April 19, 2024. Weekly volume was 91% above average.
 Long-term trend: [See STE long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 159.21 and reached 254.00 on August 2, 2023. STE gained -94.79 points, or -59.54%, in 41 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (207.86) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
 Medium-term trend: [See STE medium-term trend chart]
A medium-term uptrend had started on November 30, 2023 at 195.47 and reached 238.51 on February 23, 2024. STE gained -43.04 points, or -22.02%, in 12 weeks. The price is now at the 90.61% retracement level.
 Weekly Technical Indicators: [See STE weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 28, 2024. Use the following link to access a MACD help.
 Short-term trend: [See STE short-term trend chart]
A short-term downtrend had started on February 23, 2024 at 238.51 and reached 197.82 on April 17, 2024. STE lost 40.69 points, or 17.06%, in 54 days. The chart has formed a Falling Channel chart pattern.
 Daily Technical Indicators: [See STE daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is below its signal line since February 29, 2024. This is an indication that the short-term trend is down.
The distance between the Bollinger Bands is 115.42% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|