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April 17, 2024 @ 9:31 AM
NYSE:STE

STERIS is a leading provider of infection prevention and surgical products and services. They offer a wide range of solutions to healthcare facilities, including sterilization equipment, surgical tables, and operating room integration systems. With a focus on improving patient safety and reducing healthcare-associated infections, STERIS plays a crucial role in the healthcare industry.

However, the technical analysis of STERIS suggests that the stock is currently breaking down, indicating underperformance. The stock price has been trending downwards, with multiple lower highs and lower lows. Additionally, the stock has recently breached key support levels, further confirming the bearish sentiment.

Investors should closely monitor the price action and consider potential downside risks before making any investment decisions related to STERIS.

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