Technical Analysis for STAA - STAAR Surgical Company

Grade Last Price % Change Price Change
C 47.61 1.80% 0.84
STAA closed up 1.8 percent on Friday, June 28, 2024, on 1.8 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Stochastic Reached Overbought Strength 1.80%
Upper Bollinger Band Walk Strength 1.80%
Inside Day Range Contraction 1.80%

   Recent Intraday Alerts

Alert Time
Up 3% 1 day ago
1.5x Volume Pace 1 day ago
Up 2% 1 day ago
Rose Above Previous Day's High 1 day ago
Up 1% 1 day ago

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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 504,623
200-Day Moving Average 37.71
50-Day Moving Average 43.11
20-Day Moving Average 41.47
10-Day Moving Average 42.68
Average True Range 1.97
RSI (14) 69.23
ADX 19.97
+DI 37.86
-DI 15.17
Chandelier Exit (Long, 3 ATRs) 42.34
Chandelier Exit (Short, 3 ATRs) 43.32
Upper Bollinger Bands 46.33
Lower Bollinger Band 36.60
Percent B (%b) 1.13
BandWidth 23.46
MACD Line 0.83
MACD Signal Line -0.09
MACD Histogram 0.9226
Fundamentals Value
Market Cap 2.32 Billion
Num Shares 48.8 Million
EPS 0.38
Price-to-Earnings (P/E) Ratio 125.29
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) 49.56
Resistance 3 (R3) 49.55 48.89 49.24
Resistance 2 (R2) 48.89 48.40 48.90 49.13
Resistance 1 (R1) 48.25 48.09 48.57 48.26 49.02
Pivot Point 47.59 47.59 47.75 47.60 47.59
Support 1 (S1) 46.95 47.09 47.27 46.96 46.20
Support 2 (S2) 46.29 46.79 46.29 46.09
Support 3 (S3) 45.65 46.29 45.98
Support 4 (S4) 45.66