ANGION BIOMEDICA CORP (ANGN) Stock Technical Analysis
NASDAQ:ANGN - Nasdaq - US03476J1079 - Common Stock - Currency: USD
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 193 other stocks in this industry, ANGN did better than 64% 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 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.82
1.02
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.
When analyzing the resistance we notice one important 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1
+0.02 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.04%
1 Week21.95%
2 Weeks21.95%
1 Month47.54%
3 Month50.24%
6 Month8.7%
12 Month-36.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%12.52%
ATR Inc74.81%
Range Today0.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.64
Mansfield0.27
10 Day High1.12
10 Day Low0.75
20 Day High1.12
20 Day Low0.69
52 Week High2.04
52 Week Low0.46
CS1 End0.84
CR1 Start1.01
Volume & EV
DER(3)-6.77%
DER(5)-3.01%
Volume224.80K
Volume Incr454.27%
Vol(5)427.54K
Vol(50)105.62K