US stock / ETF

STERIS plc

STE · NYSE · USD

1 monthBearish86%
Monthly Downside probability 86%Bearish

STE 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $226.84 and stabilize above resistance $269.44.

Invalidation Trigger

Break above $269.44 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 43.7, MACD -4.262

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $24.8 (11.88%)

Monthly

EMA Structure

Range
EMA 8$220.69Bearish
EMA 21$226.84Bearish
EMA 50$220.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.7 · MACD -4.262

Momentum is weak

Strength
Bearish
Volatility
ATR $24.8 · BB 29.59%

High volatility

Strength
Bearish
Volume
MFI 40.9 · OBV -98.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$195.14 - $269.44

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+41.02% · 3.5 ATR above latest close

$294.24
Nearest resistance

+29.13% · 2.5 ATR above · 34-bar high

$269.44
Current price

Price shown is delayed

$208.65
Nearest support

-6.47% · 0.5 ATR below · 34-bar low

$195.14
Deeper support zone

-18.36% · 1.5 ATR below latest close

$170.34
ATR zone

Latest close ± ATR14

$183.85 - $233.45

Indicators

Trend

Dow Theory Structure

Confirmation $195.14, invalidation $241.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

14.2 / 12.7 / 20.8Bearish
Supertrend (10,3)

Price is above Supertrend

$130.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.12 / $214.33Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

High volatility

$24.8 (11.88%)Bearish
Bollinger Bands (20,2)

Width 29.59%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$279.42 / $174.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$183.85 / $233.45Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$269.44Range
Support

Nearest Downside Decision Level

$195.14Range

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is negative

-4.262Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.2 / 28.6Bearish
Williams %R (14)

Oversold zone

-81.8Bullish
CCI (20)

Weak expansion

-112.2Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.9Bearish
OBV slope

20-period OBV slope

-98.05%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Trend

Dow Theory Structure

Confirmation $195.14, invalidation $241.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

14.2 / 12.7 / 20.8Bearish
Supertrend (10,3)

Price is above Supertrend

$130.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.12 / $214.33Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is negative

-4.262Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.2 / 28.6Bearish
Williams %R (14)

Oversold zone

-81.8Bullish
CCI (20)

Weak expansion

-112.2Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$24.8 (11.88%)Bearish
Bollinger Bands (20,2)

Width 29.59%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$279.42 / $174.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$183.85 / $233.45Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.9Bearish
OBV slope

20-period OBV slope

-98.05%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$269.44Range
Support

Nearest Downside Decision Level

$195.14Range

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