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Uptrend SupportArchive - 9/18/2026 - 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 -5.72 points, or -2.71%, and closed at 205.04 on Friday, September 18, 2026. Weekly volume was 23% above average. STE is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See STE long-term trend chart] A long-term downtrend had started on January 16, 2026 at 269.44 and reached 195.14 on May 7, 2026. STE lost 74.30 points, or 27.58%, in 15 weeks. The price is now at the 13.32% retracement level.
Medium-term trend: [See STE medium-term trend chart] A medium-term uptrend had started on May 7, 2026 at 195.14 and reached 241.39 on August 11, 2026. STE gained -46.25 points, or -23.70%, in 13 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (204.57) 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 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 July 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 August 25, 2026 at 240.34 and reached 205.00 on September 18, 2026. STE lost 35.34 points, or 14.70%, in 24 days. Price is near the trend low.
Daily Technical Indicators: [See STE daily technical indicators chart] Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is below its signal line since August 14, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane. The distance between the Bollinger Bands is 135.25% 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. During the last week, the 20 Day Moving Average 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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