ANGION BIOMEDICA CORP (ANGN) Technical Analysis
NASDAQ:ANGN • US03476J1079
Current stock price
ANGN Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ANGN. In the last year, ANGN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that ANGN is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ANGN is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, ANGN did better than 61% of them.
- ANGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANGN is lagging the market.
- In the last month ANGN has a been trading in the 0.69 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ANGN Weekly and Daily overview Charts
ANGN Setup Rating and Analysis
ANGN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
ANGN Support and Resistance Analysis
0.82
When analyzing the support we notice one important area.
- A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.01 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
ANGN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ANGN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANGN is up. |
| ChartMill Relative Strength | 73.64 | POSITIVE | ANGN has a high relative strength, it outperformed 73.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ANGN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.81 | OVERBOUGHT | The high RSI value suggests ANGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ANGN has a positive trend. |
| Stochastics (14,3) | 66.81 | NEUTRAL | The Stochastics value for ANGN is a neutral value. |
| Average True Range in percent/ATR (20) | 12.52 | HIGH VOLATILITY | The high ATR as a percentage value for ANGN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.61 | POSITIVE | The high ADX value value for ANGN suggests a strong trend. |
ANGN Chart- and CandleStick Pattern Analysis
ANGN Technicals: Chart, Performance Metrics, Trend & Indicators
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+0.02 (+2.04%)
ANGION BIOMEDICA CORP / ANGN TA FAQ
What is the technical rating for ANGN stock?
ChartMill assigns a technical rating of 7 / 10 to ANGN.
Can you provide the trend direction for ANGION BIOMEDICA CORP?
The current trend direction for ANGION BIOMEDICA CORP (ANGN) is Bearish.
Can you provide the RSI signal for ANGION BIOMEDICA CORP?
ANGION BIOMEDICA CORP (ANGN) has an RSI value of 71.8079. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ANGION BIOMEDICA CORP?
The MACD indicator for ANGION BIOMEDICA CORP (ANGN) has a value of 0.0167881, indicating a bearish trend.