Technical Analysis for STAA - STAAR Surgical Company

Grade Last Price % Change Price Change
C 41.53 2.29% 0.93
STAA closed up 2.29 percent on Friday, May 31, 2024, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Flat

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Spinning Top Other 2.29%
NR7 Range Contraction 2.29%
Oversold Stochastic Weakness 2.29%
New Downtrend Bearish 3.46%
Stochastic Reached Oversold Weakness 3.46%
Multiple of Ten Bullish Other 3.46%
Down 3 Days in a Row Weakness 3.46%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

STAAR Surgical Company Description

STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures and sells implantable lenses for the eye. It offers intraocular lenses (IOL) that include silicone Toric IOL, which is used in cataract surgery to treat preexisting astigmatism; Preloaded Injector, a silicone or acrylic IOL preloaded into a single-use disposable injector; Aspheric IOLs that provide a clearer image than traditional spherical lenses; and nanoFLEX IOL, a single-piece collamer aspheric optic. The company also provides implantable collamer lenses (ICL) comprising VISIAN ICL to treat vision disorders, such as myopia, hyperopia, and astigmatism; Toric ICL, a variant of the ICL that corrects astigmatism and myopia in a single lens; and Hyperopic ICL, which treats far-sightedness. In addition, it sells surgical products and other related instruments, as well as manufactures AquaFlow device for the treatment of glaucoma. The company markets its products to health care providers, including surgical centers, hospitals, managed care providers, health maintenance organizations, group purchasing organizations, and government facilities primarily under the STAAR, Visian, Collamer, nanoFLEX, nanoPOINT, Epiphany, and AquaFlow names. It distributes its products through directly employed representatives, independent sales representatives, and local distributors in the United States and internationally. The company was founded in 1982 and is headquartered in Monrovia, California.


Classification

Sector: Healthcare
Industry: Medical Instruments & Supplies
Keywords: Eye Eyewear Glaucoma Managed Care Surgical Products Vision Silicone Cataracts Injector Lenses Treatment Of Glaucoma Eye Surgery Cataract Surgery Intraocular Lens Aspheric Lens Astigmatism Corrective Lenses Light Health Maintenance Organizations Local Distributors

Is STAA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 58.82
52 Week Low 26.6554
Average Volume 604,126
200-Day Moving Average 37.85
50-Day Moving Average 43.96
20-Day Moving Average 42.72
10-Day Moving Average 41.71
Average True Range 1.64
RSI (14) 43.50
ADX 25.71
+DI 16.12
-DI 26.74
Chandelier Exit (Long, 3 ATRs) 42.27
Chandelier Exit (Short, 3 ATRs) 44.35
Upper Bollinger Bands 46.11
Lower Bollinger Band 39.34
Percent B (%b) 0.32
BandWidth 15.84
MACD Line -0.93
MACD Signal Line -0.68
MACD Histogram -0.2544
Fundamentals Value
Market Cap 2.03 Billion
Num Shares 48.8 Million
EPS 0.38
Price-to-Earnings (P/E) Ratio 109.29
Price-to-Sales 4.78
Price-to-Book 3.89
PEG Ratio -4.89
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.80
Resistance 3 (R3) 42.69 42.16 42.59
Resistance 2 (R2) 42.16 41.84 42.22 42.52
Resistance 1 (R1) 41.85 41.64 42.00 41.95 42.45
Pivot Point 41.31 41.31 41.39 41.37 41.31
Support 1 (S1) 41.00 40.99 41.16 41.11 40.61
Support 2 (S2) 40.47 40.79 40.52 40.54
Support 3 (S3) 40.15 40.47 40.47
Support 4 (S4) 40.26