RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of STE
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Stronger technical forecast for STERIS plc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The STERIS plc stock price fell by -0.310% on the last day (Thursday, 28th Mar 2024) from $225.52 to $224.82. During the last trading day the stock fluctuated 1.36% from a day low at $223.54 to a day high of $226.57. The price has been going up and down for this period, and there has been a -2.91% loss for the last 2 weeks. Volume has increased on the last day by 56 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 498 thousand shares were bought and sold for approximately $111.86 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $221.41 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 6.61% during the next 3 months and, with a 90% probability hold a price between $236.04 and $258.19 at the end of this 3-month period.

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STE Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 1.88%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The STERIS plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $225.98 and $229.88. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for STERIS plc stock

STERIS plc finds support from accumulated volume at $220.26 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $3.03 between high and low, or 1.36%. For the last week the stock has had daily average volatility of 1.89%.

Our recommended stop-loss: $214.34 (-4.66%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (STE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect STERIS plc to open at $224.98, and during the day (based on 14 day Average True Range), to move between $220.72 and $228.92, which gives a possible trading interval of +/-$4.10 (+/-1.82%) up or down from last closing price. If STERIS plc takes out the full calculated possible swing range there will be an estimated 3.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $225.87 (0.47%) than the support at $220.26 (2.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is STERIS plc stock A Buy?

STERIS plc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.583 Hold/Accumulate Upgraded

Predicted Opening Price for STERIS plc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$224.98 ( 0.0697%) $224.82

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for STE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 228.01 1.42 %
R2 226.85 0.90 %
R1 226.13 0.585 %
Current price: 224.82
Support S1 223.82 -0.445 %
S2 223.10 -0.763 %
S3 221.95 -1.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 233.27 3.76 %
R2 232.91 3.60 %
R1 225.87 0.467 %
Current price 224.82
Support S1 220.26 -2.03%
S2 218.95 -2.61%
S3 217.08 -3.44%

STE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Feb 22, 2024 Mar 22, 2024 $0.520 0.227%
2 Oct 31, 2023 Nov 20, 2023 Dec 21, 2023 $0.520 0.238%
3 Jul 26, 2023 Sep 05, 2023 Sep 22, 2023 $0.520 0.232%
4 May 03, 2023 Jun 13, 2023 Jun 28, 2023 $0.470 0.217%
5 Feb 01, 2023 Feb 23, 2023 Mar 23, 2023 $0.470 0.259%

FAQ

What is the symbol for STERIS plc Stock and on which exchange is it traded?
The symbol for STERIS plc is STE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell STERIS plc Stock?
STERIS plc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy STERIS plc Stock?
STERIS plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy STERIS plc Stock.

What's the current price of STERIS plc Stock?
As of the end of day on the 2024-03-28, the price of an STERIS plc (STE) share was $224.82.

What is the 52-week high and low for STERIS plc Stock?
The 52-week high for STERIS plc Stock is $254.00 and the 52-week low is $180.54.

What is the market capitalization of STERIS plc Stock?
As of the 2024-03-28, the market capitalization of STERIS plc is 22.215B.

When is the next earnings date for STERIS plc?
The upcoming earnings date for STERIS plc is May 08, 2024.
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About STERIS plc

STERIS plc STERIS plc provides infection prevention and other procedural products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; accessories for gastrointestinal (GI) procedures, washers, sterilizers, and other pieces of capit... STE Profile

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