US stock / ETF

STERIS plc

STE · NYSE · USD

4 hoursBearish84%
4h Downside probability 84%Bearish

STE 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $235.75 and stabilize above resistance $240.34.

Invalidation Trigger

Break above $240.34 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -0.554

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.01 (0.86%)

4h

EMA Structure

Range
EMA 8$235.11Bearish
EMA 21$235.75Bearish
EMA 50$234.48Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -0.554

Momentum is weak

Strength
Bearish
Volatility
ATR $2.01 · BB 2.47%

Low volatility

Strength
Bullish
Volume
MFI 49.3 · OBV -9.17%

Relative to 20-period average volume

Strength
Range
Price Levels
$229.5 - $240.34

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.03% · 4.7 ATR above latest close

$242.35
Nearest resistance

+3.16% · 3.7 ATR above · 34-bar high

$240.34
Current price

Price shown is delayed

$232.97
Nearest support

-1.49% · 1.7 ATR below · 34-bar low

$229.5
Deeper support zone

-2.35% · 2.7 ATR below latest close

$227.49
ATR zone

Latest close ± ATR14

$230.96 - $234.98

Indicators

Trend

Dow Theory Structure

Confirmation $234.35, invalidation $237.14

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

Trend strength is active

22.6 / 11.4 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$226.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$236 / $234.1Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Volatility

ATR (14)

Low volatility

$2.01 (0.86%)Bullish
Bollinger Bands (20,2)

Width 2.47%

-11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$239.79 / $231.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$230.96 / $234.98Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.34Range
Support

Nearest Downside Decision Level

$229.5Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.554Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.9 / 12.0Bearish
Williams %R (14)

Oversold zone

-98.1Bullish
CCI (20)

Weak expansion

-214.5Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-9.17%Bearish
Volume ratio

Relative to 20-period average volume

2.12xBullish

Trend

Dow Theory Structure

Confirmation $234.35, invalidation $237.14

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

Trend strength is active

22.6 / 11.4 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$226.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$236 / $234.1Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.554Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.9 / 12.0Bearish
Williams %R (14)

Oversold zone

-98.1Bullish
CCI (20)

Weak expansion

-214.5Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$2.01 (0.86%)Bullish
Bollinger Bands (20,2)

Width 2.47%

-11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$239.79 / $231.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$230.96 / $234.98Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-9.17%Bearish
Volume ratio

Relative to 20-period average volume

2.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$240.34Range
Support

Nearest Downside Decision Level

$229.5Range

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