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Archive - 3/21/2025 - Sign In to see current Signals. |
STERIS plc (STE) Technical Analysis
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| 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 -6.20 points, or -2.74%, and closed at 220.40 on Friday, March 21, 2025. It was the worst weekly loss since December 20, 2024. Weekly volume was 26% 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 Symmetric Triangle chart pattern. The uptrend support line (237.09) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See STE medium-term trend chart] A medium-term uptrend had started on January 3, 2025 at 201.00 and reached 236.80 on March 10, 2025. STE gained -35.80 points, or -17.81%, in 9 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (225.45) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See STE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since January 31, 2025. This is an indication that the medium-term trend is up. 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 March 10, 2025 at 236.80 and reached 216.60 on March 21, 2025. STE lost 20.20 points, or 8.53%, in 11 days. The price is now at the 18.81% retracement level.
Daily Technical Indicators: [See STE daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 12, 2025. This is an indication that the short-term trend is down. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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