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Archive - 5/23/2025 - 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 -8.59 points, or -3.41%, and closed at 243.00 on Friday, May 23, 2025. Weekly volume was 9% 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 trend support level is at 242.71 and resistance is at 244.69. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See STE medium-term trend chart] A medium-term downtrend had started on September 13, 2024 at 248.24 and reached 201.00 on January 3, 2025. STE lost 47.24 points, or 19.03%, in 16 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (206.76) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See STE weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since January 31, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See STE short-term trend chart] A short-term uptrend had started on April 9, 2025 at 204.90 and reached 252.79 on May 19, 2025. STE gained -47.89 points, or -23.37%, in 40 days. The price is now at the 20.44% retracement level.
Daily Technical Indicators: [See STE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since April 14, 2025. This is an indication that the short-term trend is up. The distance between the Bollinger Bands is 131.04% 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.
Candlestick pattern: [See STE candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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