A handheld stylus for use with a display device may include a handheld body, a tip movably coupled to the body, and at least one capacitive sensor configured to detect movements of the tip relative to the body. The at least one capacitive sensor may comprise at least one first conductive element secured to or integral with the body, and at least one second conductive element secured to or integral with the movable tip. The tip may be arranged such that the at least one first conductive element and the at least one second conductive element are spaced apart from each other. The at least one capacitive sensor may be configured to detect changes in respective distances between the at least one first conductive element and the at least one second conductive element caused by movements of the tip relative to the body.