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Archive - 2/27/2026 - 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 a second consecutive positive week for the STERIS plc (STE). During the week, the STE climbed 1.70 points, or 0.68%, and closed at 252.35 on Friday, February 27, 2026. Weekly volume was 50% above average.
Long-term trend: [See STE long-term trend chart] A long-term uptrend had started on November 30, 2023 at 195.47 and reached 269.44 on January 16, 2026. STE gained -73.97 points, or -37.84%, in 111 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 206.80 and resistance is at 273.54. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 269.44 on January 16, 2026. STE gained -68.44 points, or -34.05%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (252.47) 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 below its signal line since January 30, 2026. 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 January 16, 2026 at 269.44 and reached 226.41 on February 5, 2026. STE lost 43.03 points, or 15.97%, in 20 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 177.61 and resistance is at 267.66. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See STE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above 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.
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